What issues do the online businesses face? How are they similar to offline competition? How are these issues resolved (market v. nonmarket) in the online and offline business?Use the theory fo the 4 Is. Issues are understood as moral concerns, consequences, justice, and rights at stake which can be resolved by either market or non-market action.

Before analyzing the issues related to online businesses, firstly we need to know what is an online…

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Microeconomics A Contemporary Intro

10th Edition

ISBN:9781285635101

Author:MCEACHERN

Publisher:MCEACHERN

Chapter10: Monopolistic Competition And Oligopoly

Section: Chapter Questions

Problem 10PAE

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What issues do the online businesses face? How are they similar to offline competition?
How are these issues resolved (market v. nonmarket) in the online and offline business?

Use the theory fo the 4 Is. Issues are understood as moral concerns, consequences, justice, and rights at stake which can be resolved by either market or non-market action.

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