Facebook Created an Entirely New Market and Changed the Game

question 17

True/False

Facebook created an entirely new market and changed the game for industries who were not its usual competitors--namely,music,media,and consumer electronics companies.

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Definitions:

Parity Ratio

is a measurement used to compare the value of one thing against another, often in agriculture or finance.

Prices Received

The amounts of money received by producers or sellers for their goods or services in the market.

Nicotine

A toxic colorless or yellowish oily liquid that is the chief active constituent of tobacco, acting as a stimulant when consumed.