Consider a competitor's response to a product which has recently come under scrutiny An example would be the 2016 reaction of supply and demand of Apple's iPhone after theSamsung Galaxy Note 7 exploding battery issue(Links to an external site ) How did these problems influence how Apple handled their market Consider Their labor and potential output and how this influenced GDP Their long and short run aggregate supply curve How people viewed their iPhone purchase within their definition of disposable domestic income How the iPhone price level influenced GDP The increase or decrease in consumer optimism, and how does this affected the aggregate demand curve

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Question: Consider a competitor's response to a product which has recently come under scrutiny. An example would be the 2016 reaction of supply and demand of

Consider a competitor's response to a product which has recently come under scrutiny. An example would be the 2016 reaction of supply and demand of Apple's iPhone after theSamsung Galaxy Note 7 exploding battery issue(Links to an external site.)

How did these problems influence how Apple handled their market? Consider:

Their labor and potential output and how this influenced GDP.
Their long and short-run aggregate supply curve
How people viewed their iPhone purchase within their definition of disposable domestic income
How the iPhone price level influenced GDP
The increase or decrease in consumer optimism, and how does this affected the aggregate demand curve

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