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The market for social-media-monitoring software exhibits very strong network externalities: The firm with the highest market share doubles its market share every year. It
The market for social-media-monitoring software exhibits very strong network externalities: The firm with the highest market share doubles its market share every year. It took Rogue Inc 20 years to obtain 100% market share and become a monopoly. How may years did it take for Rogue Inc to obtain 25% market share?
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