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Business, 11.03.2020 23:36 jenelllukus
What effect does a network externality have on the market for a product? If a network externality is present for a product, then A. producersproducers may be more likely to supplysupply the product to create path dependence. B. producers may be less likely to supply the product because it is less unique. C. consumersconsumers may be less likely to buybuy the product to avoid switching costs. D. consumers may be more likely to buy the product because it is more useful. E. producersproducers may be lessless likely to supplysupply the product to avoid market failure.
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What effect does a network externality have on the market for a product? If a network externality is...
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