What will happen to Netflix (demand and supply) on the short andlong run when 5G...

What will happen to Netflix (demand and supply) on the short and long run when 5G is widely spread?

Expert Solution

Ans. In short run when 5G is widely spread , it would lead to a drastic increase in the demand for Netflix and due to this advanced technology , Supply of Netflix would also increase to a large extent. All in all , Netflix would grow more rapidly. In Long run , demand and supply would continue to rise because of more technological advancements but this rise would be comparatively on a moderate pace.

Rahul Sunny answered 2 years ago

Using the aggregate supply and demand model, illustrate what will happen in the short run and...

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