Which of the Following Statements Best Describes the Internet Market

question 348

Multiple Choice

Which of the following statements best describes the Internet market structure?

• A)It is highly competitive, with many providers and no firms in a dominant position.
• B)There are a few large firms, such as Google, Facebook, and Amazon, but they each occupy their own niche and don't infringe on the others' territories.
• C)There are a few large firms, such as Google, Facebook, and Amazon, each dominating a particular sector but always trying to gain market share in another sector.
• D)It comprises firms that have been granted monopolies by the government and are highly regulated.

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Definitions:

Religious Participation

The act of engaging in activities and practices associated with a particular faith or belief system, often as part of a community.

Low Socioeconomic

Referring to an individual or group's lower position in terms of economic, social, and occupational status.

Ethnic Minority Groups

Groups of people who differ in race, ethnicity, or national origin from the majority population.

Disengagement Theory

The view that declines in social interaction in older age are due to mutual withdrawal between older adults and society as they anticipate death.