Answer:
D. A competitive market with a few dominant firms producing substitutes
Explanation:
E book market has<u> few dominant firms</u> - Amazon, Apple.
Their e - book selling digital services have uniquely different features from each other. They serve similar nature of good ie e books contests. So, the digital services rendered by firms are <u>substitute</u> of each other.
Providing substitute goods, firms <u>compete </u>with each other.
As per technical economic terminologies : this market structure is analogous to Oligopoly market structure.
Answer:
Emily would be able to know if the residential market in Albany is depreciating through the actions of investors in that sector. In a situation where people are no longer willing to invest in Albany, through purchase of houses, it shows that the residential market is depreciating. <em>Also, when there are lack of buyers of residential houses is another factor indicating depreciation.</em>
Explanation:
Answer: The answer would be C. Collective bargaining
