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Review of The Biographical Film Steve Jobs
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Review of The Biographical Film Steve Jobs
The movie Steve Jobs is a biographical film that showcases the life of the entrepreneur Steve Jobs. The movie demonstrates the law of supply and demand, the wants and conflicts between stakeholders, and the idea of scarcity and opportunity cost.
One of the most important economic concepts that was demonstrated in the movie was the law of supply and demand. This concept was illustrated by the low sales of the Macintosh after its launch. The Macintosh was overpriced and did not have as many features as the PC. As a result, consumers chose to buy the PC instead.
Another important economic concept that was demonstrated in the movie was the idea of scarcity and opportunity cost. This concept was illustrated by
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