Companies Use Advanced Technology to Merge Offline Data,like Credit Ratings

question 37

True/False

Companies use advanced technology to merge offline data,like credit ratings and home value,with online data,like online searches.

---

Definitions:

Duopolists

Two firms that dominate a market or industry, competing directly with each other.

Collude

To secretly agree with others, typically competitors, to cooperate for an illegal or deceitful purpose, such as fixing prices.

Cheating

Dishonest behavior or attempting to gain an unfair advantage in a competitive situation.

Marginal Cost

The advancement in overall fees incurred by producing an extra unit of a good or service.