6 to 9 please

OOOO 1 point Apple, which control over 75% of digital music sales, was able to dictate song pricing for years, despite the massive protest of the big 4 record labels, which provide 85% of music sold in the US. This implies that O Firms with a significant market share can leverage network effects to overtake prior market leaders O The presence of multiple new entrants forces leading firms to drop prices of their offerings Substantial bargaining power over complementors may result in significant market share A dominant market share does not necessarily translate to great profitability for a firm Despite the presence of network effect, the musie industry is not dominated by any single leader OOOO 1 point Which of the following are signs of problems with the competitive position of a fim? ROI below 25% A price set by the firm higher than its rivals Lower revenues, profit margins, and narrow product line than the market leader A declining market share, poor product quality, and few sales in the market 8 OOOO 1 point A garment manufacturer starting its own retail chain is an example of a company that enters into a downstream activity in the value chain is known as Horizontal integration Acquisition Backward integration Forward integration 1 point What were the FTC's allegations against the four manufacturers of breakfast cereals? They conspired and coordinated a significant price increase for 12 years They colluded, synchronized their activities, and flooded the market with a large number of new brands They provided misleading or false information regarding certain ingredients resulting in higher obesity among kids They over claimed the health benefits of products as "natural" "full of goodness." and "improve children's attentiveness by nearly 20 percent