Platform monopolies initially make large losses because they:
A) receive subsidies from government.
B) receive subsidies from other businesses.
C) are trying to gain market share as quickly as possible.
D) have to hire high-salary tech employees.

Question

Quizplus · Accepted Answer

Platform monopolies often make large losses initially because they invest heavily in gaining market share quickly, often through aggressive pricing strategies, marketing, and expanding their user base.

Platform Monopolies Initially Make Large Losses Because They