Multiple Choice
(Last Word) Which of the following statements best describes the Internet market structure?
A) It is highly competitive, with many providers and no firms in a dominant position.
B) There are a few large firms, such as Google, Facebook, and Amazon, but they each occupy their own niche and don't infringe on the others' territories.
C) There are a few large firms, such as Google, Facebook, and Amazon, each dominating a particular sector but always trying to gain market share in another sector.
D) It comprises firms that have been granted monopolies by the government and are highly regulated.
Correct Answer:
Verified
Correct Answer:
Verified
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