Which of the Following Is *Not* True Regarding the Competitive

question 20

Multiple Choice

Which of the following is *not* true regarding the competitive dynamics of most sharing economy marketplaces?

• A) Ratings represent a switching cost built over time by early participants in sharing economy marketplaces.
• B) Late-movers have a substantial advantage in this market since inventory should be cheaper to acquire for those firms that have entered markets more recently.
• C) Network effects should grow over time, favoring firms that got a successful, early start over rivals who arrived late doing the same thing.
• D) These are two-sided markets.
• E) None of the above - all statements are true.

---

Definitions:

Obligations

Duties or commitments that an individual or organization is bound to perform, often under the terms of a contract or law.

Age Discrimination

Unfair treatment of individuals in employment or other areas based on their age.

ADEA

The Age Discrimination in Employment Act (ADEA) is a U.S. federal law aimed at protecting workers and job applicants aged 40 and over from age-based discrimination in the workplace.

Overqualified

A term used to describe an individual whose education, experience, or skills exceed the requirements for a particular job position.