Question
The presence of network effects implies: Higher barriers to exit for users, and higher barriers to entry for newcompetitors Higher margins in at least one
The presence of network effects implies:
Higher barriers to exit for users, and higher barriers to entry for newcompetitors
Higher margins in at least one market
Tipping toward winner-take-all markets
A, B & C
A & C only
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Microeconomics Theory And Applications With Calculus
Authors: Jeffrey M. Perloff
4th Edition
134167384, 134167381, 978-0134167381
