The Apple iPhone is generally considered a monopolistic competitive product because it has unique features. At the same time, it could be substituted with products sold by other phone manufacturers. For this assignment, I would like to assume that the primary substitute for the Apple iPhone is the Samsung Galaxy smartphone.Discuss how Apple might respond if Samsung releases a new version of their Galaxy phone which has a brighter screen, faster processor, and better camera than the current iPhone (assume that the older version of the Galaxy had a dimmer screen, slower processor, and worse camera than the current iPhone). Specifically, be sure to address the impact you think Samsung's changes will have on the price Apple charges, as well as the features offered in new Apple phones.