What Do Spotify and Apple Have in Common

question 123

Multiple Choice

What do Spotify and Apple have in common?

• A)Each achieved a dominant position in its industry because it owned a key input in the production of its product.
• B)The industry in which each firm competes is an oligopoly because of government-imposed barriers to entry.
• C)Each company was founded in the same state.
• D)The profitability of each firm depends on its interactions with other firms.

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Definitions:

Grade Level

A measure of the schooling year that an individual is in, often used in educational settings to categorize students.

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The participation and commitment of parents in their children's educational activities and schooling.

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A statistical test used to compare the means of two or more groups across three or more variables, analyzing the interaction and main effects.

Gender

A social construct that refers to roles, behaviors, activities, expectations, and identities that societies consider appropriate for men, women, and other gender identities.