Network externalities:
A. may be direct.
B. may be indirect.
C. may be positive.
D. All of the statements associated with this question are correct.
Answer: D
You might also like to view...
If the price of almonds changed as a result of a change in the supply of almonds, is the demand for almonds elastic or inelastic? Explain your an-swer
What will be an ideal response?
Stocks and bonds issued in banking-oriented systems are rather __________ because they are traded __________
A) liquid; frequently B) liquid; infrequently if at all C) illiquid; frequently D) illiquid; infrequently if at all
The Average Product of Labor is
A) the change in total product resulting from an extra unit of labor, holding other factors constant. B) the ratio of output to the number of workers used to produce that output. C) the amount of output that can be produced by a given amount of labor. D) equal to the marginal product of labor when the average product is increasing.
In the prisoners' dilemma game, confessing is a dominant strategy for each of the two prisoners
a. True b. False Indicate whether the statement is true or false