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Answer to Question #233502 in Management for Genine Kriegler

Question #233502

Based on the arguments provided in the article, describe the type of market structure that Apple belongs to. (12) 


1
Expert's answer
2021-09-08T03:26:01-0400

Apple Inc enjoys an oligopoly market structure in smart phone production. Oligopoly market structure is a state where there are no or limited competition of products and services. Apple is a monopolistic competition in the branded computers.


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