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Amazoncom®,Starbucks®,and EBay® Are All Examples of Firms That Were the First

Question 29

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Amazon.com®,Starbucks®,and eBay® are all examples of firms that were the first to establish their presence in their respective markets.Would you consider any of these firms to be dominant in that they set the market price and other firms act as perfectly competitive firms using this market price?

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Amazon.com was not only the first major ...

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