Unformatted text preview: like holding all-night vigils at stores and stalking delivery trucks.” (NY Times) This problem reflects that market failure is temporarily occurring as Nintendo has been under-allocating the resources of Wii production. To deal with this issue, Nintendo is about to increase the quantity supplied of the product. Nintendo, as a private firm, continues to develop various video game machines, such as Nintendo, Wii, as those private goods have brought them great profitability. For instant, “Nintendo’s net profit in its last fiscal year surged 47.7 percent to $2.5 billion” (NY Times)....
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- Spring '05
- Supply And Demand, Wii, Virtual Console, Video game console, Nintendo, Super Nintendo Entertainment System