User Ratings Act as _____ for Netflix's Customers

question 86

Multiple Choice

User ratings act as _____ for Netflix's customers.

• A) marginal costs
• B) fixed costs
• C) switching costs
• D) variable costs
• E) barriers to entry

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Definitions:

Robinson-Patman Act

A United States federal law aimed at preventing anti-competitive practices by producers, specifically price discrimination.

Exclusive Dealing Agreement

A contract between a seller and buyer in which the buyer agrees to purchase all of a particular product from the seller, excluding competitors.

Significant Anticompetitive Effect

Actions or agreements that significantly reduce competition in a market, in violation of antitrust laws.

Clayton Act Violations

Infractions of the Clayton Antitrust Act, a U.S. law designed to prevent anticompetitive practices and promote fair competition in the marketplace.