Select all that is true about commodities. Crude oil, gold, and electrical power are examples of commodities Firms differentiate their goods to avoid their products becoming commoditized Consumers are highly price-sensitive when purchasing commodities None of the above Select all that is true about analog information goods. High fixed cost to produce Analog information goods are credence goods Near-zero marginal cost for content distributors O None of the above What is the long tail phenomenon? Firms selling high volumes of niche items, instead of high volumes of a small group of extremely popular items Firms selling low volumes of niche items, instead of only selling high volumes of a small group of popular items Firms increasing the variety of their inventory Firms aggressively marketing their most popular items