i. In a recent update to its operating system, Apple introduced a new feature that allows users
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i. In a recent update to its operating system, Apple introduced a new feature that allows users to switch between the traditional Macintosh operating system and the Microsoft Windows operating system. Do you think this was a good move in light of what this exercise has told us about network externalities?
B. Now consider the type of network externality described in part A more carefully. Suppose that the aggregate demand function for computers is given by x 5 1AN1/2 2 p2/a.
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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