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In October 2009, Apple introduced the iPhone in China. What would you expect to happen to the market for smartphones in China, assuming all other factors are held constant?
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In October 2009, Apple introduced the iPhone in China. What would you expect to happen to the market for smartphones in China, assuming all other factors are held constant?

User Jtsagata
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Answer:

What would you expect to happen to the market for smartphones in China, assuming all other factors are held constant?

I believe, both the supply and demand for smartphones will increase in China.

User Mabel Villalba
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