As a sell-side equity analyst with Morgan Stanley, your job is to analyze the financial fundamentals of companies Morgan Stanley is considering taking public to determine their profit potentials. Which factor will NOT cause you to recommend a public offering of the stock of a smartphone company? Group of answer choices an improvement in the technology used to produce smartphones a decrease in the price of labor used to produce smartphones a decrease in the number of companies that sell smartphones an increase in the price of inputs used to produce smartphones