Googol and Visagetext are two social media platforms. When Googol was launched, many reviewers claimed that it was better than Visagetext and advised users to switch. Today, Visagetext contimues to be the leader in the sector, despite rave reviews for Googol. This is an example of Othe superior product not always winning D Competition within the market. this is not an example of competition O Competition to dominate the market.
Googol and Visagetext are two social media platforms. When Googol was launched, many reviewers claimed that it was better than Visagetext and advised users to switch. Today, Visagetext contimues to be the leader in the sector, despite rave reviews for Googol. This is an example of Othe superior product not always winning D Competition within the market. this is not an example of competition O Competition to dominate the market.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Explanation it correctly and not copys

Transcribed Image Text:Googol and Visagetext are two social media platforms. When Googol was launched, many reviewers claimed that it was better
than Visagetext and advised users to switch. Today, Visagetext continues to be the leader in the sector, despite rave reviews for
Googol.
This is an example of
the superior product not always winning
D competition within the market.
this is not an example of competition
O Competition to dominate the market.
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