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olganol [36]
2 years ago
14

Question 7(Multiple Choice Worth 4 points)

Mathematics
1 answer:
Paul [167]2 years ago
5 0

Supply of smartphone will decrease causing an increase in market price.

<h3>How smartphones are supplied across the globe ?</h3>

Majorities of the smartphone manufactures make their phones in china because china charges the least amount for the companies to make phones in Chinese factories.

If several major suppliers of smartphones go out of business this news hits there can be several possibilities. Optimistic smartphone companies will see this as an opportunity to enter the smartphone market and on the other hand a new organisation may not take the risk of entering into smartphone businesses because of the fear of going out of the business.

Learn more about smartphone businesses here :

brainly.com/question/12839033

#SPJ1

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