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Tidy Tidy
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Posts: 4852
8 years ago
Apple introduced its iPhone 3G in July 2008 and within a month sales had topped 3 million units. By April 2009, more than 25,000 apps for the iPhone 3G were available in the iTunes store, an indication that in a competitive market
A) the ease at which a new firm can enter a competitive market is low.
B) the ease at which a new firm can enter a competitive market is high.
C) entry into the market is blocked.
D) entry into the market is restricted in the short run, but becomes easier in the long run.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 525 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
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Top Poster
Posts: 1913
8 years ago
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Tidy Author
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8 years ago
Smart ... Thanks!
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Yesterday
Helped a lot
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2 hours ago
Good timing, thanks!
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