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Topic: Business
Number of pages / Number of words: 3 / 606
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If the iPhone is legally introduced and supplied to the market then there will be a large decrease in demand for substitute cell phones and a decrease in price. The price of the iPhone would be very elastic due to the demand.

Apple should not setup an agreement with China Mobile just to meet the demand for the iPhone...


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If the profit-sharing agreement raises costs over the total revenue then it isn’t financially responsible for them to enter the market. The black market sellers will continue to have no price ceiling if there is no competition and the large demand for the iPhone can only be met through them. If China were a competitive market then there would have been a deal in place with a cellular operator, but the monopoly is holding back the supply to meet the demand for the iPhone...


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General points of the essay

Apple Iphone Iphone 3g Iphone G3 Iphone Microeconomics In China Iphone Report Iphone and Ethics Market Analysis Of Apple Iphone Products, Services, and Prices in the Free Market Economy: Price Elasticity of Demand The Advantages And Disadvantages Of Free Market Economy, Price Determination With Market Forces. And Government Intervention With Free Market Equilibrium Price And The More Suitable Model For The Sudan The Iphone Decrease Of Teen Pregnancy Rate Homeless: What Has Been Done To Decrease The Problem? Legalized Gambling Would Decrease The Crime Rate Iphone iPhone info

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