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Novay_Z [31]
2 years ago
8

Why was Sony willing to raise the price of its Playstation 3 over Playstation 2, causing a lower number of sales

Business
1 answer:
AlexFokin [52]2 years ago
5 0

The reason why Sony raised their prices on the Playstation 3 was because c. Although consoles were significantly more expensive than traditional videogame consoles, Sony was willing to concede some ground in the PlayStation battle to win the Blu-ray war.

<h3>Why was this the case?</h3>

At the time, Blu-Rays were still gaining popularity and Sony wanted to tap into that popularity to become a market leader.

The Playstation 3 was Blu-ray equipped so Sony raised prices on it because they knew that they would make back profits when more people started buying blu-ray.

In conclusion, option C is correct.

Find out more on Blu-ray at brainly.com/question/3407175.

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iogann1982 [59]

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<u>Explanation: </u>

A stock is a generic term to describe any company's own documents. On the other hand, a stake applies to a specific company's stock certification. You become an investor by owning a certain company.

All stocks are popular and favored. The distinction is that the owner of the former is entitled to vote that can be practiced in business decisions, not the latter. Nevertheless, preferential investors have the legal right, until dividends can be given to other shareholders, to obtain a certain number of dividend payments.

It is also termed a 'preferred convertible stock'. It is a preferred share, typically at a specified time, with such an option to turn into the set number of specific shares.

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Madison Corporation’s expected beginning cash balance is $35,000. Cash collections are budgeted at $50,000 and cash disbursement
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Answer:

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Explanation:

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Since Madison can borrow money in $10,000 increments, they need to borrow $20,000 to be able to meet the minimum cash balance.

So their expected ending cash balance is = $5,000 + $10,000 + $10,000 = $25,000

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