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achalmers achalmers
wrote...
Posts: 459
5 years ago
When there is a tendency for a particular product to fall out favor with additional consumers because other consumers have chosen not to purchase the product

• the network effect will increase.

• negative market feedback occurs.

• the tit-for-tat strategy will begin.

• positive market feedback occurs.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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GparkerGparker
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Posts: 383
5 years ago
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achalmers Author
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5 years ago
TY
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5 years ago
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