Arecord company went out of business because too many of its customers downloaded its music illegally from the internet rather than purchasing the digital copy from the record company. this instance serves as an example of:

Market Power.

Explanation:

It's an example of Market Power, because companies should be able to know where is going the market in the moment, in order to take decision in the same situation. The record company needs to apply some marketing studies to know who are really their clients, where people consume music, digital or not digitally.

Since that the record company didn't obey the market, their cost was really high for that mistake.

anyone below or above ambitious can tell you. so crowns mean brainliest. getting brainliest means your answer needs a good explanation and the person asking the question can understand your answer easily. so say there's a multiple choice question. you don't just want to say your answer is a, hope it . provide evidence and reasoning so that they know that that is the correct answer. a good explanation should have evidence, good reasoning, and your opinion on why you picked that. you don't want to look up their question on the internet and see if you can answer it. pick questions that you 100% know the answer to, so than that way you can provide a better explanation.

best of luck,

the divergent