In 2013 sony announced that it had suffered losses selling, Microeconomics

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In 2013 sony announced that it had suffered losses selling

In 2013, Sony announced that it had suffered losses selling televisions for the ninth straight year. Given the strong consumer demand for plasma, LCD, and LED television sets, shouldn't Sony have been able to raise prices to earn a profit? Briefly explain.

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Microeconomics: In 2013 sony announced that it had suffered losses selling

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