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.

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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

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