10. Even though the Betamax format for videos is believed to have been better than the VHS...
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10. Even though the Betamax format for videos is believed to have been better than the VHS format, early market leadership by VHS established VHS as the dominant choice for videocassette recorders. Some argue that if Betamax had an early lead, it would have been the dominant technology. What kind of equilibrium model best fits this description and why? ( LO21-2 )
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