Winner-take-all markets may be applied to the

A) winnings of those who hit the lottery.
B) winnings of gamblers.
C) the luck of those who inherit billions of dollars.
D) the compensation of CEOs of large corporations.

Question

Shadi Dababneh · Accepted Answer

Final Answer : D, Explanation :  Winner-take-all markets typically refer to industries where there are a few dominant firms that are able to capture a large share of the market and profits, such as the technology industry (e.g. Google, Apple, Facebook). CEO compensation in these industries can often be tied to the success of the company in these winner-take-all markets. The other choices do not necessarily fit the definition of winner-take-all markets as they are based more on chance (lottery and gambling) or inheritance.

Winner-take-all markets may be applied to the

A) winnings of those who hit the lottery.
B) winnings of gamblers.
C) the luck of those who inherit billions of dollars.
D) the compensation of CEOs of large corporations.

Definitions

Learning Objectives

Learning Objectives

Related questions

Winner-take-all markets may be applied to theA) winnings of those who hit the lottery.B) winnings of gamblers.C) the luck of those who inherit billions of dollars.D) the compensation of CEOs of large corporations.

Definitions

Learning Objectives

Learning Objectives

Related questions

Winner-take-all markets may be applied to the

A) winnings of those who hit the lottery.
B) winnings of gamblers.
C) the luck of those who inherit billions of dollars.
D) the compensation of CEOs of large corporations.