mahraalmazrouei100 mahraalmazrouei100
  • 25-01-2022
  • Business
contestada

Due to supply chain problems, iPhone’s cost of production prices increased. This made the retail price jump to Dh 6000. What is the impact on the demand of Samsung phone?

Respuesta :

ayfat23
ayfat23 ayfat23
  • 03-02-2022

Based on the provided information, the impact on the demand of Samsung phone will increase because Samsung serves as substitute goods for iPhone.

What is demand?

demand can be regarded as the quantity of a good that can be purchased willingly by a consumer.

Therefore, as the retail price jump to Dh 6000, demand for Samsung increases.

Learn more about demand at;

https://brainly.com/question/25220385

Answer Link

Otras preguntas

Numberr 6 please help meee
Match the job role with the job title ​
Which of the following sentences in English would require a reflexive verb in Spanish? I dry the dishes. I dry my hair. I dry the paint. I dry my clothes.
Solve the equation 6w2 – 7w – 20 = 0.
HELP ASAP PLATO!!!!!!!!!! Argentina used to have a military dictator who held all the power. The country now has a federal form of government. Which aspect of a
I WILL GIVE BRAINLIEST Find the approximate mean absolute deviation for this list of numbers. [Note: Type your answer as a decimal number, rounded to the neares
What happens during a floor debate?​
Which relation is a function?
W does alan montgomery suggest the disintegration of the environment after the oil spill in deepwater horizon?
What does a weather balloon do? Check all that apply