Which of the Following Statements Is TRUE Regarding Network Goods

question 23

Multiple Choice

Which of the following statements is TRUE regarding network goods?

• A) Network goods are usually sold by monopolies or oligopolies.
• B) Microsoft Word has always been the dominant word processing software.
• C) Microsoft Excel has always been the dominate spreadsheet software.
• D) All of the answers are correct.

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Definitions:

Physical Force

The use of bodily strength or power as a means to impact, manipulate, or control persons or objects.

Illegal

Contrary to or forbidden by law.

Hierarchical Forms

Organizational or societal structures that rank individuals or groups in a top-down manner, often based on power, status, or authority.

Colonization

The act of establishing control over indigenous people in an area and exploiting it economically, often accompanied by cultural and social impacts on the indigenous populations.