What factors influence the demand for cell phones


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What factors influence the demand for cell phones


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The product chosen is the cell phone.

Please make sure to address the following questions:

  1. What factors influence the demand for this product? What factors influence the supply of this product?
  2. How have these changes in supply and demand affected the equilibrium price of this product?
  3. Do you anticipate any changes to the demand and/or supply of this product in the near future? If so, what is driving these changes?

A minimum of 700 words for the essay is required.

Complete this essay in a Microsoft Word document in APA format.