ABC Software charges a price for its video games that maximizes its profits. This company most likely functions in a market.coll

Question

Angelina_Jolie [31]

3 years ago

15

ABC Software charges a price for its video games that maximizes its profits. This company most likely functions in a market.coll

usinsingle sellercompetitive

History

2 answers:

ANEK [815] · Answer 1 · 2021-12-28T04:58:39+03:00

ANEK [815]3 years ago

7 0

single seller.........

olchik [2.2K] · Answer 2 · 2021-12-28T03:07:04+03:00

This company is most likely functioning in a single seller market. The correct option among all the options that are given in the question is the second option. As there are no competitors in the market, so the company ABC is able to maximize its profit without getting challenged. I hope the answer helps you.