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The Market for Cell Phones

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November 5th, 2022

Analyze the market for cell phones.  This industry is an “oligopoly”.  What are the current market factors, in your opinion, that drive what types of cell phones will sell best at this point in time?  What are the factors that would go into the “ideal” phone for 2020?  make sure to use economic reasoning, and a demonstration  applying microeconomic principles in a way that demonstrates understanding.

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