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Apple is concerned that the number of potential buyers of its iPhones would decrease if Samsung (a competitor) drops the price of its Galaxy phones.
Apple is concerned that the number of potential buyers of its iPhones would decrease if Samsung (a competitor) drops the price of its Galaxy phones. How would this affect the demand for iPhones? Group of answer choices Movement down the demand curve. Movement up the demand curve. The demand curve shifts to the right. The demand curve shifts to the left
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
