Question: Why did Apple set the initial price of the iPhone 6 below equilibrium (see the News Wire Market Shortage.)? Should Apple have immediately raised the
Why did Apple set the initial price of the iPhone 6 below equilibrium (see the News Wire "Market Shortage.")? Should Apple have immediately raised the price?
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Apple might have been setting the price of their iPhone 5 based on a longterm pricing strategy ra... View full answer
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