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RentJojo offers rental services, connects renters with borrowers. It charges renters a commission on the rents. A competitor has entered the market, BorrowJojo, who has
RentJojo offers rental services, connects renters with borrowers. It charges renters a commission on the rents. A competitor has entered the market, BorrowJojo, who has replicated Rentjojo's platform. Which of the following is true?
a)Rentjojo has high multi-homing costs for the renters
b)Rentjojo has high platform differentiation
c)Rentjojo has low network effect on one-side
d)Rentjojo has a low multi-homing cost on both sides
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