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Network Effects: Question 4 options: A.Do not result in market dominance that results in a monopoly-like hold on markets. B. When the value of a
Network Effects: Question 4 options:
A.Do not result in market dominance that results in a monopoly-like hold on markets.
B. When the value of a product or service increases as the number of users decreases.
C. Seldom influenced by switching costs.
D. Also known as "Metcalfe's Law" or "Network Externalities".
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