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Displaying posts with tag: complementary good (reset)

Open Source: Its Impact on Complementary Goods & Services
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Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 A core economic principle is the Complementary Good . In short, when two or more things are used together, they are complementary. When the price of an item goes up, the usage of all of its complementary goods goes down. Similarly, if the price of an item goes down, the usage of all its complementary goods goes up. An example is the computer printer. Printers and ink are complementary goods. Proprietary ink products are extremely valuable—at one point ink delivered 60% of HP’s profits —so HP,

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Open Source: Its Impact on Complementary Goods & Services
+0 Vote Up -0Vote Down

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 A core economic principle is the Complementary Good . In short, when two or more things are used together, they are complementary. When the price of an item goes up, the usage of all of its complementary goods goes down. Similarly, if the price of an item goes down, the usage of all its complementary goods goes up. An example is the computer printer. Printers and ink are complementary goods. Proprietary ink products are extremely valuable—at one point ink delivered 60% of HP’s

  [Read more...]
Showing entries 1 to 2

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