1. Why may the Internet work better for replacement buys than for new purchases? 2. Give three...

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1. Why may the Internet work better for replacement buys than for new purchases?

2. Give three examples of products that are particularly suitable for selling over the Internet and three that are not. Explain your answer.

3. As Amazon has grown in size it has acquired substantial monopoly power. What are the barriers to entry for other companies wishing to act as a marketplace for B2C and B2B business?

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Economics

ISBN: 978-1292187853

10th edition

Authors: John Sloman, Jon Guest, Dean Garratt

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