Multiple Choice
Use the information below to answer the following questions.
Fact 13.3.1 What the Apple-Samsung Verdict Means for Your Smartphone
A California jury found Samsung guilty of violating the majority of the patents in question, including software features like double-tap zooming and scrolling. It recommended that Apple be awarded more than $1 billion in damages. This verdict could significantly affect both smartphone users and producers.
Source: CNN Money, August 26, 2012
-Refer to Fact 13.3.1. Suppose Apple becomes a monopoly in the smartphone market. Choose the statement that is incorrect.
A) Samsung loses.
B) The government gains.
C) Consumers lose.
D) Apple gains.
E) The market for smartphones becomes less efficient.
Correct Answer:

Verified
Correct Answer:
Verified
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