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QUESTION

Market Structure-Economics

Address the market structure classification of the Apple iPhone 6 plus.

Guidelines for this assignment are listed below:

  • Discuss which market structure best aligns with the Apple iPhone 6 plus.

  • Align characteristics of the market structure to that of the Apple iPhone 6 plus.

  • Discuss how price and quantity are determined for the Apple iPhone 6 plus.

  • Identify other competitors in the market.

  • Discuss whether or not any other competitors have influence over the market.

  • State whether or not any competitors engage in price discrimination.

  • Identify if the market for cellular phone aligns with game theory to include, a Prisoner's Dilemma.

    Include the following:

  • 1 to 2-pages of content

  • At least two sources

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