What changes can you envision to the real economy, should Rifkin’s vision of a zero marginal cost society, become reality?

What changes can you envision to the real economy, should Rifkin’s vision of a zero marginal cost society, become reality?

Order Description

A 3-page opinion piece providing your view on the above question.
Elaborate an opinion piece which defines the “what if” of a radical change in the marginal cost role in
production, by answering the above question.

The context
• Supply-demand is a key principle in managerial economics as it defines foundations to the understanding of a number of concepts which shape the strategic position of

firms in the microeconomic dimension of the economy.
• Marginal cost is a sub-unit of the supply demand principle, can be defined as the “measurement of the
change in cost corresponding to a unit increase in production level”
• Marginal cost is also related to the concepts of “marginal revenue” ( defined as the measurement of the change in revenue in response to a unit increase in

production level or quantity” and “marginal
profit” (defined as the measurement of the change in in profit resulting from a unit increase in quantity)

To solve the case is required to read the book “The Zero Marginal Cost Society”. Thank you

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