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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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