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hiusy98 hiusy98
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The term "network externality" refers to a barrier to entry that exists because:
A)  the value of the product to a consumer depends on the number of consumers using the product.
B) a group of firms has divided the market into interconnected shares controlled by each firm.
C) several firms are able to network with each other and control the market.
D) consumers are unable to network, i.e., cooperate, with each other to control market price.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
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toogootoogoo
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hiusy98 Author
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7 years ago
I owe you my life lol
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