Bottlenecks may force competitors to offer services within the same network.
Answer the following statement true (T) or false (F)
True
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Why is the demand curve for new capital downward sloping?
What will be an ideal response?
Changing the legal assignment of a tax will not change its incidence
a. True b. False
The field of economics that would be most concerned with a recent fall in interest rates is:
A. marginal economics. B. macroeconomics. C. economic naturalism. D. microeconomics.
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 is comprised of firms that have been granted monopolies by the government and are highly regulated.