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Suppose two technologies exist. The old technology is given by the cost structure C_o=3-d/N while the new one is given by C_n=2. Find the maximum
Suppose two technologies exist. The old technology is given by the cost structure C_o=3-d/N while the new one is given by C_n=2. Find the maximum number of users of the old technology such that the new technology cannot take off?
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