Economic rules apply in telecom, no less than in other markets.
Sunday, December 8, 2013
Indian Mobile Market Illustrates Key Principle About Retail Pricing
This chart of subscribers and price per unit in the Indian communications market illustrates a principle that economists always point out: when the price of a desired product goes down, demand goes up (the reverse also is a key principle).
Economic rules apply in telecom, no less than in other markets.
Economic rules apply in telecom, no less than in other markets.
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