Google Has Benefited from Being Located in San Jose,California,which Is

question 19

Multiple Choice

Google has benefited from being located in San Jose,California,which is considered a high-technology hub.This is because Google enjoyed _________.

• A) Low-cost labor
• B) Low-cost input factors
• C) Low tariffs
• D) Location economies

---

Definitions:

Brand Loyalty

A consumer's preference to buy a particular brand's product over competitors, often due to a perceived superiority or emotional connection to the brand.

Monopoly Power

The ability of a single company or entity to control a majority share of the market for a particular good or service, often resulting in limited choices for consumers.

Repeated Games

A series of game theory scenarios in which the same game is played multiple times, allowing for strategy development based on previous outcomes.

Reciprocity

A mutual exchange of privileges, goods, or services between two parties, based on a principle of giving and receiving in equal measure.