Credit card companies that operate as intermediary firms between credit card holders and business vendors are best described as
A) platforms in a shared-input market.
B) end users in a shared-input market.
C) platforms in a transaction-based market.
D) end users in a transaction-based market.
C
Economics
You might also like to view...
A perfectly competitive firm may earn economic profits in
a. only the short run. b. only the long run. c. the short run and the long run. d. neither the short run nor the long run.
Economics
The percentage of national income spent on health care
A) has steadily decreased since 1965. B) has steadily increased since 1965. C) increased until the end of the 1970s and then decreased in the 1980s and 2000s. D) decreased until the end of the 1970s and then increased in the 1980s and 2000s.
Economics