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Price,.
Why does the price of computers and other electronics drop constantly while the price of other items remains pretty much the same?
For example, computers used to cost 4 or 5 thousand dollars, but now are available for as little as 1000 (even the improved ones with lots of memory, etc.); while the price of furniture and other items remains about the same.
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Maybe give some free advice about: Computers?
They're making furniture the same way they have been for decades. With electronics, the technology is being constantly improved to be cheaper, faster, and smaller. Processors are made completely different than they were 5 years ago, and they were *invented* just 30 years ago.
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Computers and other electronics are constantly developed, so they become deprecated very quickly. That is, something better becomes available and they are less valuable.
Since consumer electronics are mass-produced, when something new comes out, shops usually have to get rid of the now outdated versions that they have in stock, and so they are sold at cheaper prices.
Also, improvement in production technology allows companies to produce the goods at a lower price, and so they are sold at a lower price so that more people will buy them.
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