Which of the Following Is *Not* True Regarding the Competitive

question 20

Multiple Choice

Which of the following is *not* true regarding the competitive dynamics of most sharing economy marketplaces?

• A) Ratings represent a switching cost built over time by early participants in sharing economy marketplaces.
• B) Late-movers have a substantial advantage in this market since inventory should be cheaper to acquire for those firms that have entered markets more recently.
• C) Network effects should grow over time, favoring firms that got a successful, early start over rivals who arrived late doing the same thing.
• D) These are two-sided markets.
• E) None of the above - all statements are true.

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Definitions:

Coccyx

The small, triangular bone at the base of the spinal column, consisting of three to five fused vertebrae, also known as the tailbone.

Interosseous Membrane

A fibrous sheet connecting the bones of the forearm (ulna and radius) or the leg (tibia and fibula), providing stability and a surface for muscle attachment.

Ligament

Fibrous connective tissue that connects bones to other bones, providing joint stability.

Obturator Foramen

A large opening in the pelvis through which nerves and blood vessels pass, surrounded by the pubic and ischial bones.