A monopoly is illegal
A) under any circumstances, under Section 2 of the Sherman Act
B) only if it is gained or maintained by using wrongful tactics.
C) if you have greater than 50 percent of market share.
D) any time there are no interchangeable products.
B
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Discuss at least three external control mechanisms.
What will be an ideal response?
The revenue model associated with giving permission to other parties to use protected intellectual property in exchange for fees is called:
a. fee revenue model b. licensing revenue model c. intellectual property model d. intermediation model
What is the characteristic of the investor model of crowdfunders?
a. investors provide financial support with no expectation of direct return b. investors are given prizes for their financial support, such as product samples or experiences c. equity is exchanged for the contribution d. funds are treated as loans
What is the difference between social responsibility and ethics?
What will be an ideal response?