tag:blogger.com,1999:blog-3669994303004884356.post6506238357326249210..comments2018-05-19T12:51:59.436-05:00Comments on Parish Econ B3: Growth in the Entertainment Software IndustryEric Mhttp://www.blogger.com/profile/01135076088343477676noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3669994303004884356.post-56893145893696565482011-10-13T20:13:07.051-05:002011-10-13T20:13:07.051-05:00Thank you for commenting. I agree that Xbox 360 an...Thank you for commenting. I agree that Xbox 360 and the HDTVs have become compliments to each other, and that now HDTVs are generally sold together with the Xbox 360s. Also, advertising, as you said, plays a major role in the increase and shift of demand, but it also does that in several other industries besides the gaming one.Danielhttps://www.blogger.com/profile/02870857171424841587noreply@blogger.comtag:blogger.com,1999:blog-3669994303004884356.post-45282035485294637852011-10-13T10:59:33.649-05:002011-10-13T10:59:33.649-05:00I agree with you fully Daniel. The gaming industr...I agree with you fully Daniel. The gaming industry has boomed over the last decade. Not only has the gaming industry grown, but it has effected other technology industries like HDTVs(as you said). From an economics stand point, an Xbox 360 console and an HDTV are seen as compliments. In some cases venders such as Best Buy will sell these two gadgets together in a package. I also agree that a lot of gamers demands are inelastic. No matter how much the new Call of Duty or any other popular video game costs, they will still be in the long line on opening release day to get their copy. The gaming industry effectively shifts demand by using advertising. They advertise their new product months before it comes out which causes a rise in deman for that product.Andrew Boydhttps://www.blogger.com/profile/05575735036509615789noreply@blogger.com