Apple is a united based technological company dealing with gadgets from iPhone to MacBook and other accessories. The company has incorporated managerial economics to ensure that it runs its operation smoothly. For instance, the company is highly innovative and makes AI machines to aid them in the decision making process. Moreover, they have adopted a unique strategy to sell higher-quality devices at relatively higher prices to their consumers. Besides, they provide unique products from their competitors, which has built a rigid reputation on the products and services they offer.