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According to Varian, one implication of network externalities is that producers may need to ____ in order to ____. charge a price below cost initially;
According to Varian, one implication of network externalities is that producers may need to ____ in order to ____.
charge a price below cost initially; achieve critical mass
charge a price above cost initially; build a buffer against future losses
collude with competitors to set high prices; earn a reasonable profit
wait to enter the market in order; learn from the mistakes of the early entrants
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