1.    Explain the type of market structure for mobile phone sellers.
(Oligopoly) (8 lines)

2.     As a business student explain two factors that you might
recommend to iPhone to help them in increasing their profit. 6-7 lines

Eg. Promotion/advertisement etc.

3.    In the long run, what will happen to profit in the mobile phone market? Explain fully (Will profit become zero or not). 8-10 lines

Explain 2 scare resources that affect Mobile phone manufacturers.
Eg. labor, land, capital (8 lines)