Question
The global smartphone market is dominated by a few major
players like Apple, Samsung, and a few Chinese brands. These companies engage in intense competition, often introducing new models with innovative features to capture market share. Which market structure best describes the global smartphone market?Solution
The global smartphone market is an oligopoly because it is dominated by a few large firms that have significant market power and engage in strategic competition with each other.
What is the HCF of (x³ + 3x² - x - 3) and (x³ + 4x² + x - 6)?
‘a’ is directly proportional to ‘b’. If at a=30, the value of ‘b’ is 20% greater than ‘a’, then find the value of ‘a’ when b=54.
...If (x - y) = 3, then find the value of (x³ - y³ - 9xy).
A train can cross a pole, a bridge of 720 meter long and platform of 640 meter long in 9 seconds, _____ seconds and 25 seconds, respectively.
The...
If p = 24 - q - r and pq + r(q + p) = 132, then find the value of (p² + q² + r²).
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If p = 35 - q - r and pq + r(q + p) = 315, then find the value of (p² + q² + r²).