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The market analysis of Apple Inc.: Nature of Demand

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Psychology

The market analysis of Apple Inc.:

Nature of Demand

Answer & Explanation Solved by verified expert
3.6 Ratings (579 Votes)
Apple Inc industry can be articulated to operate on an oligopolistic market structure This assertion is based on the fact that the industrys market portrays distinctivetraits as those of an oligopolistic For example the smart phone industry which Apple Company operates is characterized by barriers to entry This nature of this market makes it difficult for other new firms to enter the smart phone market Additionally the market    See Answer
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