Problem
Take Netflix as a case study. Discuss the following questions:
1. What kind of market structure (perfect competition, monopolistic competition, oligopoly) does Netflix face in its key markets such as North America, Europe, and Asia?
2. What is the price elasticity of demand for Netflix's products in those key markets?
3. How does the price elasticity of Netflix's demand alter during the Covid-19 pandemic, and post-pandemic?