The product to research for this assignment is called the DaVinci, a robotic device surgeons use instead of manually conducting surgery. Write a 280-350 words Address the following topics:
Any issues or opportunities your organization or industry faces that affect its competitiveness and long-term profitability with regards to your product: This may include, but is not limited, to the following elements.
o Price elasticity of demand
o Technological innovation
o The relationship between the amount of labor & capital employed and the law of diminishing marginal productivity.