Two Distinctly Separate Markets Are Said to Undergo Convergence When

question 23

Multiple Choice

Two distinctly separate markets are said to undergo convergence when they:

• A) are dominated by a small group of powerful sellers.
• B) derive most of their value from two distinct categories of participants.
• C) offer products and services designed to target a specific industry.
• D) are characterized by many buyers, but a single, dominant seller.
• E) begin to offer similar features and capabilities.

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Definitions:

Controller Program

A specific set of coded instructions designed to be executed by a machine controller, such as a PLC, to perform specific tasks or operations.

MCR Instruction

A Master Control Reset instruction, typically used in programmable logic controllers (PLCs) to control the operation of blocks of logic or functions.

Circuit

A closed loop or pathway that allows for the flow of electricity, consisting of various electrical components such as resistors, capacitors, and inductors.