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In 2019 Google had total profits of approximately $40 billion. Ninety percent of this profit came from online advertising. Instructions: Enter your responses as a
In 2019 Google had total profits of approximately $40 billion. Ninety percent of this profit came from online advertising. Instructions: Enter your responses as a whole number. a. How much profit did Google make from online ads? $ 36 billion b. If online search was a perfectly competitive market, how much would annual profits be in the long run? $ 36 billion
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Principles of Economics
Authors: Fred M. Gottheil
7th edition
978-1133962069, 9781285064444, 1133962068, 1285064445, 978-1285064437
