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The demand for a product or service affects its price in the market by influencing the balance between supply and demand. When demand is high and supply is limited, prices tend to increase. Conversely, when demand is low and supply is abundant, prices tend to decrease. This relationship between demand and price is a key factor in determining the market value of a product or service.
The pricing of a product is a key factor in determining demand for the product. For instance, if something is priced too high, demand will decrease. If an item is priced lower than competitors, all other factors being equal, then demand for the product will increase.
The product key for software is usually found on a sticker on the package. When you buy software via download, your product key is sent to you digitally. Product keys are used to verify that you are the owner of a verified copy of the software, and the key can be used only once, or by the verified owner when changing computers. Pirated software may have a product key, but usually it is invalid and once read, can indicate that your copy is pirated. Most pirated software lacks a product key.
It is usually printed on the media DVD.
The Microsoft product key can be found usually on the inside cover of the dvd case that the software came in. If one purchased a digital download, the code should be on the website they downloaded it from, usually on a receipt.
Priceelasticity of demand for a taxed product plays key role in determining the impact of tax increase on government revenue. The more inelastic the demand for the product, the smaller the impact of any given lump-sum tax on the quantity of the product purchased, therefore the greater the government tax-take. (tax-take = tax per unit x quantity purchased)
The "key" is usually placed on the original CD sleeve or sent separately as in an email or other media. The CD key will not be imbedded anywhere on the CD.
What!?!
Product Key cards for Microsoft, is usually purchased with a PC from retailers such as PCWorld and Currys. Alternatively, a Office Home & Business Key card can be purchased from Amazon.
The 25 character product key is a unique string of letters and numbers used to verify the purchase of Microsoft Word. Each copy that is sold has a different product key which is provided with the original disks or download.