Question
In a competitive market, earning an economic profit in the long run is extremely difficult. This difficulty is greatly seen in the Apple iPhone App
In a competitive market, earning an economic profit in the long run is extremely difficult. This difficulty is greatly seen in the Apple iPhone App market. The long run for this market is quite short due to:
A) the release of Samsung's Galaxy S.
B) the huge demand for apps on the iPhone.
C) the ease of entry to the market.
D) Apple's corporate governance structure.
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Forecasting for Economics and Business
Authors: Gloria Gonzalez Rivera
1st edition
131474936, 978-1315510415, 1315510413, 978-0131474932
