How can I create demand/supply schedules for the smart phone industry in the USA?

December 16, 2009 by admin · 1 Comment
Filed under: Economics 
smart phone
hitcho asked:


I want to show how RIM and Apple are oligopolists in the market for smart phones. All the other firms (Samsung, LG, Nokia) can be a fringe. How would I go about to create demand/supply schedules? Thanks in advance.
i want to be able to show quantities, prices, elasticities, et cetera. guidelines as to how to get there would be greatly appreciated.

How does an efficient economy ensure more labor resources will be allocated to the production of smart phones?

November 27, 2009 by admin · 2 Comments
Filed under: Economics 
smart phone
Tressa T asked:


meaning smart phones for landline use. and also assume that smart phones are preferred by costumers