There Are 2 Brands of Cell Phones That Are Almost Identical Except for Some Minor Features: the a-Phone and the Pomegranate

on that point atomic number 18 2 brands of carrel prognosticates that are almost identical except for whatsoever minor features the A-Phone and the Pomegranate. percentage I For this part of the assignment, we will focus on the beseech curve. Draw the demand curve for the A-Phone. inform how the graph, legal injury, and quantity demanded will change if the following occurs There is an overall increase in income. It is discovered that in that respect are health concerns when using cellphone phones. What happens to the supply of cell phones if the market price goes up?For this part of the assignment, we will focus on the supply curve. Explain what happens to the price and quantity supplied and how it reflects on a graph if the following occurs It becomes more high-priced to produce cell phones. Another company starts producing cell phones, and now there are 3 producers in the market. Part III For this part of the assignment, we are going to focus on demand and supply on t he said(prenominal) graph. Draw a graph which shows the sense of equilibrium price of cell phones. Explain what the graph is showing.When the new manufacturer introduces the Robo cell phone to the market, how does that affect the equilibrium price if the Robo is basically the same as the other cell phones? Part IV As the publics dependence on cell phones continues to grow, the cost of the phones may be decreasing, but the stronghold that telecommunication companies cave in on the public in regards to contracts and climbing fees is alarming. Additionally, all cell phone companies charge about the same prices, and the consumers do not have much choice in substituting providers.Consumers appear to need some controls in this regard, and the government decides to step in. What is the effect of government intervention in the cell phone market? Make sure that you use graphs to illustrate your point. Is this a good thing for consumers? On the other hand, the government sees the increase in cell phone use as an opportunity to make some additional revenue, and it decides to tax service providers. Who is really paying the tax? enlarge your conclusion on a graph. Do you think that there is a free market for cell phone users? Why or wherefore not?