Module 03 Course Project – Market Structure Classification

Module 03 Course Project – Market Structure Classification

For this assignment you are to write a 1 to 2-page paper that addresses market structure classification of the Apple iPhone 6 plus. 

Note: The Apple iPhone 6 plus cellular phone will be researched for each course project assignment leading up to your final submission.

Guidelines for this assignment are listed below:

• Discuss which market structure best aligns with the Apple iPhone 6 plus.
• Align characteristics of the market structure to that of the Apple iPhone 6 plus.
• Discuss how price and quantity are determined for the Apple iPhone 6 plus.
• Identify other competitors in the market.
• Discuss whether or not any other competitors have influence over the market.
• State whether or not any competitors engage in price discrimination.
• Identify if the market for cellular phone aligns with game theory to include, a Prisoner's Dilemma.