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According of BIS Paper No. 17, what is correct about the network effect in financial services? A. it is one example of economies of scale.

According of BIS Paper No. 17, what is correct about the network effect in financial services? A. it is one example of economies of scale. B. The value of the network increases when the number of connected users increases. C. The cost of running the network increases when the number of connected banks increases

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