It Appears That Google Has a Sustained Competitive Advantage Because

question 98

Multiple Choice

It appears that Google has a sustained competitive advantage because _________.

• A) They are highly profitable and growing
• B) They have outperformed rivals consistently over time
• C) They currently have the leading online search engine
• D) They are willing to take on the Chinese government

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Definitions:

Cournot Model

A economic model describing an industry structure in which companies compete on the quantity of output they decide to produce, assuming their rivals' decisions are fixed.

Bertrand Model

An economic model of competition among firms, where firms choose prices rather than quantities to compete.

Collude

The act of cooperating or conspiring, especially between competitors, to achieve a mutual benefit such as setting prices.

Bertrand Duopoly

An economic model describing interactions between two companies that compete by setting prices rather than the quantity of output.