The analysis of the competition between Apple and Samsung in the smartphone market is based on
A)microeconomic model.
B)educated guessing.
C)intuitive reasoning.
D)consumer surveys.

Question

Quizplus · Accepted Answer

The analysis of competition between Apple and Samsung in the smartphone market is best based on microeconomic models that evaluate factors such as market demand, pricing strategies, product differentiation, and market share. Through this method, economists can make informed predictions about how changes in market conditions might affect the companies' competitive positions.

The Analysis of the Competition Between Apple and Samsung in the Smartphone