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tuggy tuggy
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6 years ago
Which of the following statements is true?
A) Network effects act as barriers to entry in a market.
B) Economies of scale act as incentives for new firms to enter a market.
C) If a firm is enjoying economies of scale, then its product must have network effects.
D) If a firm's product has network effects, then the firm must be enjoying economies of scale.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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losteinlostein
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#1
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6 years ago
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tuggy Author
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6 years ago
Smart ... Thanks!
Tim0301
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
bbbbbbbh
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2 hours ago
this is exactly what I needed
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