The market structure of the computer industry
A)Was originally a monopoly.
B)Was originally perfectly competitive.
C)Has become more competitive over time.
D)Has become less competitive over time.

Question

Quizplus · Accepted Answer

The computer industry has become more competitive over time. While there were dominant producers such as IBM and Apple in the early days of the industry, the entrance of new competitors and advancements in technology have increased competition. Today, there are a variety of competitors in the computer industry offering different products and services, making it a more competitive market structure.

The Market Structure of the Computer Industry