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Suppose that you observe a market with four firms, each with about 25% market share. What does it suggest about the following attributes of this market:

a. network externalities
b. multi-housing costs
c. level of differentiation across the firm's offerings

User Joshdick
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level of differentiation across the firm's offerings

Answer: Option C.

Step-by-step explanation:

Differentiation are the differences that a firm might offer to his customers and clients. These differences make the firms different from each other which exist in the market.

More different and innovative practices that a firm has compared to the competitors, more successful it would be in the market and would have more customers attracted towards it because of the innovation and the differentiation.

User Babac
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