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suppose the US adopted a central planning for its economy, and you became the chief planner. Among the millions of decisions That You need to make for the next year are how many compact discs to produce, what artists to record, and who should receive the discs.
a. To make these decisions intelligently, what information would you need about the compact disc industry? what information would you need about each of the people in the US?
b. How would your decisions about CDs affect some of your other decisions, such as how many CD players to make or cassette tapes to produce? How might some of your other decisions about the economy Change Your views about CDs?
a. what benefit does producing albums on CD offer.
how many dinosaurs still purchase albums on CD.
b. produce as many CD players as VHS players.
since mp3s are killing CDs off, I would put the money from
CD transport, manufacture, storage and processing into
finding effective copyright protection for the next wave of
MP3.
Why not bring back the cassette tape? CD is dying. Demand is dwindling, rightfully so.
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