(Last Word) Major Internet-related firms such as Google,Apple,Amazon,Microsoft,and Facebook each has an area of the market that it dominates.Which of the following is true about their interaction in the market?

A) They tend to act independently,paying little attention to what the other firms do.
B) They collude so that each firm retains a near-monopoly in a particular sector without facing threats from the other major firms.
C) They behave according to a price leadership model,with each firm taking a leadership role in the particular sector it dominates.
D) They compete fiercely as each looks for ways to increase profits by expanding into rivals' markets.

Question

Dorothy Huang · Accepted Answer

Final Answer : D, Explanation :  The passage mentions that each firm has an area of the market that it dominates, implying that there is competition among them. Additionally, the passage states that they are major firms, indicating that they are large enough to be mutually competitive. Therefore, option D, which suggests that they compete fiercely and try to expand into rivals' markets, is the most accurate choice.

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