Assignment 10



Assignment 10

Answer-1

In economics, it is mandatory to analyze the markets when it comes to information oriented goods since they tend to have a differentiation in a significant manner when it comes to the markets that supply goods and services that are traditional by nature. When it comes to the market of information goods it can be said that products tend to have a vertical differentiation which lacks the inherent segmentation when it comes to the market of industry oriented goods. Ultimately, the monopolistic advantages that it serves will only have the capability of serving a single product. It is ...