Category: Economic

Economic

Evolution of U.S. Labor Law

September 30, 2025 / September 30, 2025 by Simon Njeri | Leave a Comment

The Evolution of U.S. Labor Law An Academic Guide for Students. This guide provides a detailed analysis of key U.S. labor legislation and answers critical questions about the historical and contemporary relevance of labor unions. Order a Custom Law Paper Introduction Norris-LaGuardia Act Wagner Act Taft-Hartley Act Contemporary Relevance FAQs Our Experts Foundations of Worker […]

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Economic

Researching Gasoline Demand Determinants

September 11, 2025 / September 15, 2025 by Simon Njeri | Leave a Comment

A Guide to Researching Gasoline Demand Determinants Your definitive guide to crafting a high-quality annotated bibliography on the economic factors shaping U.S. fuel consumption. A literature search on the determinants of gasoline demand—it sounds like a daunting assignment. I remember getting a similar task in my macroeconomics class. The topic felt huge, and the requirement […]

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Economic

Forecasting Future Trends in iPhone Price Elasticity

April 29, 2025 / April 29, 2025 by Simon Njeri

What’s Ahead for Apple? Hey there—let’s talk about something that affects all of us, whether you’re a loyal Apple user or just curious about the tech world. We’re diving into the fascinating realm of iPhone price elasticity and what lies ahead as we look toward 2025 and beyond. You might be asking yourself, “What even […]

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Economic

How Discounts on Older Models Affect Demand Elasticity

April 29, 2025 / August 17, 2025 by Simon Njeri

Understanding Demand Elasticity: Discounts on Older Models Explore how reducing prices on older product versions impacts consumer responsiveness. Finding a great deal on a product without paying full price for the latest version is satisfying. This feeling plays a big role in economics, especially when businesses offer discounts on older models. Understanding how these price […]

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Economic

Impact of COVID-19 on iPhone Demand & Price Elasticity

April 29, 2025 / April 29, 2025 by Simon Njeri

Let’s dive into a story that blends economics with real-world business dynamics. Imagine this: you’re scrolling through your phone, and suddenly you wonder—how did the pandemic affect something as simple (yet powerful) as an iPhone? Well, you’re not alone in asking that question, and we’re here to explore it together. The Pandemic’s Punch on iPhone […]

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Economic

iPhone SE – Lower Price, Higher Demand?

April 29, 2025 / April 29, 2025 by Simon Njeri

You’ve probably heard the phrase, “More for less.” That’s exactly what Apple aimed to deliver with the iPhone SE, a line of budget-friendly iPhones that pack flagship power into a smaller, more affordable package. But does this strategy work? Does cutting the price mean more people are lining up to buy? If you’re curious about […]

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Economic

iPhone X Price Increase and Sales Impact

April 29, 2025 / April 29, 2025 by Simon Njeri

How Apple Redefined Premium Smartphone Pricing You’ve probably heard the story before—Apple raised the price of its iPhone X to $999 in 2017, and people were shocked. Some called it a gamble. Others thought it was madness. But what happened? Did this bold move backfire or set the stage for Apple’s continued dominance in the […]

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Economic

Apple’s Pricing Strategy and Revenue Maximization

April 29, 2025 / August 17, 2025 by Simon Njeri

Apple’s Pricing Strategy and Revenue Maximization How Apple generates income and sets prices. Apple Inc. is a case study in effective pricing and wealth generation. Its strategy moves beyond simple cost-plus pricing, focusing on creating and capturing market value. This page covers Apple’s pricing strategy and revenue maximization, offering a guide for students and professionals […]

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Economic

Technological Innovations and Their Effect on Price Elasticity

April 29, 2025 / April 29, 2025 by Simon Njeri

You’re scrolling through your phone and see the latest iPhone ad. It’s sleek. The camera preview still looks like a movie. There’s a mention of “AI-powered features” and “ultra-fast 5G.” Exciting, right? But then you pause and think—should I upgrade now or wait for next year’s model? That hesitation is at the heart of something […]

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Economic

Psychological and Behavioral Aspects of iPhone Demand

April 29, 2025 / April 29, 2025 by Simon Njeri

The iPhone Obsession – Is It Just a Phone? Let’s be honest—you’ve probably stood in line for an iPhone, camped outside Apple stores (or at least clicked “Buy Now” the second it went live), or justified yet another upgrade with lines like, “Well, this one has better camera quality.” But what if we told you […]

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