Ewaste Is Discarded Electronics and Is Growing with the Growth

question 60

True/False

Ewaste is discarded electronics and is growing with the growth of innovation, for example, a personal computer has a life expectancy of only three to five years and a cell phone is less than two years.

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Definitions:

Market Shares

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales in the industry.

Competitive

Relating to or characterized by competition; having the ability or resources to compete successfully with others.

Imperfectly Competitive

A market structure characterized by few sellers, differentiated products, and barriers to entry, which does not meet the criteria of perfect competition.

Monopoly

A market structure characterized by a single supplier that has exclusive control over a good or service, potentially leading to higher prices and restricted output.