1. King Camp Gillette's idea behind the United Company was that it would provide basic products cheaply., 1. T (The United Company will make all of life's necessities as cost-effectively as possible.), 2. This vision of the United Company had a great influence on the modern economy., 2. F (The book's author had a vision that has ended up shaping the economy. But... it wasn't this particular vision. No, it was another idea, which he had a year later), 3. It is more expensive to produce a printer than to produce the ink., 3. T (If you've ever bought replacement cartridges for an inkjet printer, you are likely to have been annoyed ...that they cost almost as much as you paid for the printer itself... But how can it possibly cost almost as much to supply a bit of ink in tiny plastic pots? The answer, of course, is that it doesn't.), 4. Two-part pricing involves selling one thing cheaply, but making another essential component very expensive., 4. T (It's also known as the razor-and-blades model...suck people in with an attractively priced razor, then repeatedly fleece them for extortionately priced replacement blades.), 5. King Camp Gillette's first blades were relatively inexpensive., 5. F ( .. . initially, he made both parts expensive.), 6. Sony only makes a very small profit on each PlayStation 4 it sells., 6. F (Consider the PlayStation 4. Whenever Sony sells one, it loses money... But that's okay, because Sony coins it in whenever a PlayStation 4 owner buys a game.).
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