-The Table Above Lists the Market Shares of the Twenty

question 117

Multiple Choice

-The table above lists the market shares of the twenty makers of personal computers. Based upon the Herfindahl-Hirschman Index

• A) the industry is an oligopoly.
• B) the industry is a monopoly.
• C) the industry is competitive.
• D) the firms in the industry will not be allowed to merge.

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Definitions:

Variable

A quantity or element that can change or be changed within a mathematical formula, experiment, or model.

Multi-channel Capabilities

The ability of a business to interact with its customers through multiple channels, such as physical locations, online, and over the phone, in a cohesive and integrated manner.

Online Ordering

The method of purchasing goods or services via the internet.

Omni-channel Strategy

A multi-channel approach to sales that seeks to provide customers with a seamless shopping experience, whether they are shopping online from a mobile device, a laptop, or in a brick-and-mortar store.