Description
For this assignment you are to write a 1 to 2-page paper that addresses supply and demand for the iPhone 6 plus.
Note: The Apple iPhone 6 plus cellular phone will be researched
for each course project assignment leading up to your final submission.
Guidelines for this assignment are listed below:
- Research the number of Apple iPhone 6 plus cellular phones that were released in the United States.
- Identify the cost of the Apple iPhone 6 plus.
- Discuss whether or not demand and supply are in equilibrium or is demand greater than supply.
- Identify two factors that would cause the demand curve to shift to the left.
- Discuss two factors that would cause the demand curve to shift to the right.
- Identify two factors that would cause the supply curve to shift to the left.
- Discuss two factors that would cause the supply curve to shift to the right.
- State whether or not a price floor or price ceiling in the iPhone 6 plus would benefit consumers and why.
- Discuss if the Apple iPhone 6 plus account is a market failure.
Assignment must align with the following guidelines:
- Title page
- 1 to 2-pages of content
- At least two sources
- Reference page
- APA formatted
Explanation & Answer
Hi there, I have just completed the assignment. Please find attached. It has been nice working with you. 😊
Running head: SUPPLY AND DEMAND FOR IPHONE 6 PLUS
Supply and Demand for iPhone 6 plus
Institution Affiliation
Date
1
SUPPLY AND DEMAND FOR IPHONE 6 PLUS
2
Supply and Demand for iPhone 6 Plus
The iPhone 6 plus was launched in September 2014. Before the phone was released into
the market, there were more than four million pre-orders in the first twenty-four hours. Over nine
million iPhone 6 plus phones were introduced in the U.S, and within the first week, the orders
exceeded the number of iPhones...
Review
Review
24/7 Homework Help
Stuck on a homework question? Our verified tutors can answer all questions, from basic math to advanced rocket science!
Similar Content
Related Tags
The Rhythm Section
by Mark Burnell
1984
by George Orwell
The Turn of the Screw
by Henry James
The Handmaids Tale
by Margaret Atwood
Rules Of Civility
by Amor Towles
Tess of the DUrbervilles
by Thomas Hardy
The Bell Jar
by Sylvia Plath
Things That Matter
by Charles Krauthammer
The Da Vinci Code
by Dan Brown