There is a growing market for buying and selling information about the online behavior of consumers. Most people use one of only a small number of search engines (such as Google, Bing, or Yahoo!) when surfing the net
It has been hard for new search engines to gain any market share. The market for search is best considered as A) perfectly competitive.
B) oligopoly.
C) monopolistically competitive.
D) monopoly.
B
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Which of the following is true of efficiency wages? a. It encourages workers to enroll in training programs. b. It creates less worker turnover
c. It reduces the marginal productivity of workers. d. It increases workers' demand for leisure.
The current demand for automobiles would decrease if
a. the price of gasoline fell. b. consumer income rose. c. consumers suddenly believed the price of automobiles would be sharply lower in the near future. d. consumers suddenly believed the price of automobiles would be sharply higher in the near future.
Which of the following has made it possible for investors without any special business skills to benefit from the ownership of corporate America?
A) all of the above B) the availability of mutual funds, which make it possible for even small investors to purchase a diverse stock portfolio at a low cost C) the virtual disappearance of business failures among corporations with publicly traded stock shares D) an increased tendency of small investors to buy and sell stock frequently
If an increase in income causes a decrease in the consumption of good Y, we know that good Y is:
A. a normal good. B. a complement. C. an inferior good. D. a substitute.