Business, Management and Accounting
8 years ago

Monopolists' Pricing Strategies Impact Durable Goods Leasing and Easy-to-wear Accessories

Journal of Southwest Jiaotong University
Strategies for Durable Goods Leasing Monopolist in the Compatibility of Easy-to-wear Accessories
Tan De-qing

Paper Summary

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Boosting Profits: Easy-to-Wear Accessories Key for Durable Goods Monopolies

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The study looked at how a company that leases durable goods can make decisions when their products are compatible with easy-to-wear accessories. They found that the amount of durable goods a company should produce is influenced by how long the goods last and how often the accessories need to be replaced. The prices of the accessories also change based on how many times they need to be replaced.