Which Market Structure Best Characterizes the Various Internet Markets

question 65

Multiple Choice

Which market structure best characterizes the various Internet markets?

• A)differentiated oligopoly
• B)homogeneous oligopoly
• C)monopolistic competition
• D)pure monopoly

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Definitions:

Ethanol

A renewable fuel made from various plant materials collectively known as "biomass."

Economically Viable

A situation or project that is financially sustainable, able to generate revenue that exceeds its operating costs.

Nonrenewable Natural Resource

A natural resource that cannot be replaced or replenished once it is extracted or consumed, such as fossil fuels or minerals.

Solar Power

The conversion of energy from sunlight into electricity, either directly using photovoltaics or indirectly using concentrated solar power.