3. For each of the following products, could consumer lock-in or network externalities (or both) create a

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3. For each of the following products, could consumer lock-in or network externalities (or both) create a barrier to entry? Explain why or why not.

a. Toothpaste.

b. Long-play (LP) record albums.

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Managerial Economics

ISBN: 9780073375915

10th Edition

Authors: Christopher R Thomas, S Charles Maurice

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Question Posted: Oct 08, 2024 11:00 AM

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For each of the following products, could consumer lock-in or network externalities (or both) create a barrier to entry? Explain why or why not. a. Toothpaste. b. Vinyl LP record albums.
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3. For each of the following products, could consumer lock-in or network externalities (or both) create a

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Managerial Economics

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