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Answered: - Define the industry related to the product or service prod


Define the industry related to the product or service produced by the company you selected for your microeconomic/macroeconomic analysis papers.

THE PRODUCT IS APPLE I-PHONE

Consider the following questions: What are the main companies in the industry? What is the level of market concentration in the industry? To what extent are the products/services from this industry homogenous? How would you characterize the barriers to entry in the industry? How would you characterize the market structure of this industry? How does the market structure affect the business strategy and performance of the company you selected ? To what extent may the market structure in the industry lead firms to engage in anticompetitive behaviors?


In responding to your classmates? posts, further expand the course concepts related to the assigned questions. Be sure to ask engaging questions as needed and support with economic concepts from the course content and evidence from your research.


Technology Industry

 

The industry that relates to Iphone, produced by Apple Company is the technology industry. The

 

technology industry is always influx and frequently new category innovation and...

 


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