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What Most Likely Happened to the Stock for Apple Because

question 171

Essay

What most likely happened to the stock for Apple because of the iPhone and iPad? Explain using a demand and supply graph.


Definitions:

Tangible Capital

Physical assets that are used in the operating activities of a business, such as buildings, machinery, and equipment.

Economic System

The organized way a country allocates resources and distributes goods and services in the national community.

Future Goods

Goods that are not yet produced or are not currently available but will be in the future.

Inputs

Resources (labor, materials, equipment) used in the production process to create goods or services.

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