- CFA Exams
- 2023 Level I
- Topic 5. Equity Valuation
- Learning Module 22. Industry and Company Analysis
- Subject 6. Technological Developments
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Subject 6. Technological Developments PDF Download
Technological developments can affect demand for a product, the quantity supplied of a product, or both. When a technological development results in a new product that threatens to cannibalize demand for an existing product, a unit forecast for the new product combined with an expected cannibalization factor can be used to estimate the impact on a future demand for the existing product.
Learning Outcome Statementsj. evaluate the effects of technological developments on demand, selling prices, costs, and margins;
CFA® 2023 Level I Curriculum, Volume 3, Module 22
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