11 Think about some of the services that you access on line. a Using the categories in...
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11 Think about some of the services that you access on line.
a Using the categories in Figure 11.1, classify each of the following services, explaining your choice:
a video-sharing website such as YouTube ii a music-streaming service such as Spotify iii a social-network such as Facebook iv a ride-sharing service such as Uber.
b Which of these services may experience a 'free-rider' problem1 c Explain how firms providing each of these services generate revenue.
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Related Book For 
Principles Of Microeconomics
ISBN: 125206
8th Edition
Authors: Joshua Gans, Stephen King, Martin Byford, N Gregory Mankiw
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