A company has developed a new type of sophisticated software for file-swapping data-intensive videos over the Internet in a compressed format. After registering the purchase of the software, and user can immediately download it. This scenario best highlights which feature of high-tech markets?

Question

A company has developed a new type of sophisticated software for file-swapping data-intensive videos over the Internet in a compressed format.  After registering the purchase of the software, and user can immediately download it.  This scenario best highlights which feature of high-tech markets?

Quizplus · Accepted Answer

Unit-one costs are the costs of producing the first unit of a good or service. In this case, the unit-one cost of the software is the cost of developing it. This cost is high because the software is sophisticated and data-intensive.

A Company Has Developed a New Type of Sophisticated Software