INSTRUCTIONS:
Addresses the market structure classification of the Apple iPhone 6 plus. Guidelines for this assignment are listed below: • Discuss which market structure best aligns with the Apple iPhone 6 plus. • Align characteristics of the market structure to that of the Apple iPhone 6 plus. • Discuss how price and quantity are determined for the Apple iPhone 6 plus. • Identify other competitors in the market. • Discuss whether or not any other competitors have influence over the market. • State whether or not any competitors engage in price discrimination. • Identify if the market for cellular phone aligns with game theory to include, a Prisoner's Dilemma.