Google and Amazon have enjoyed barriers to entry in their respective markets due to the following, except:
A. Network effects among users
B. Economies of scale in operations
C. Loyalty and familiarity of consumers
D. Government licensing and regulation
D. Government licensing and regulation
Economics
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The government has both encouraged and discouraged the creation of monopolies
Indicate whether the statement is true or false
Economics
In 2012, the top one-fifth of U.S. households earned ________ of the nations total income
A) about 22% B) just under 35% C) just over half D) almost 90%
Economics