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Industries Characterized by High Economies of Scale Typically Attract Fewer

question 26

True/False

Industries characterized by high economies of scale typically attract fewer new entrants.


Definitions:

Voice over Internet Protocol

A technology that allows voice communications and multimedia sessions over the Internet, enabling phone calls through a broadband internet connection instead of a traditional phone line.

Voice and Video Service

A digital communication platform that enables users to make audio and video calls over the internet.

Voice-to-Text

A technology that converts spoken language into written text, commonly used in transcription services, virtual assistants, and voice-controlled applications.

Social Curation Sites

Online platforms that allow users to collect, organize, and share content from various sources based on interests, topics, or themes for social engagement and discovery.

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