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Author Question: The cell-phone market can be considered a(n) ________ because ________. (Read 41 times)

sc00by25

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on: May 24, 2019
The cell-phone market can be considered a(n) ________ because ________.
◦ oligopoly; there are large profits for the firms that dominate the market
◦ monopoly; Apple makes the largest profit in the market
◦ monopolistically competitive market; the few firms make a profit and produce a variety of phones
◦ oligopoly; there are few barriers to entry
◦ monopolistically competitive market; the firms charge a markup over marginal cost
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by sc00by25 on May 24, 2019

SVictor

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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sc00by25

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Reply #2 on: May 24, 2019
TY


SVictor

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Reply #3 on: May 24, 2019
You're welcome


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