Homework answers / question archive / In September 2014 Apple was selling a gold version of the 128GB iPhone 6 for $949

In September 2014 Apple was selling a gold version of the 128GB iPhone 6 for $949

Marketing

Share With

In September 2014 Apple was selling a gold version of the 128GB iPhone 6 for $949. Two days later that phone was advertised on eBay for a starting bid of $1,625. Was this evidence of a market shortage or a market surplus?