The iPod is a product without any significant network externalities
Indicate whether the statement is true or false
FALSE
You might also like to view...
When expectations cause people to discriminate against a certain group, it is referred to as:
A) preferential bias. B) implicit discrimination. C) statistical discrimination. D) taste-based discrimination.
In an open economy, the quantity supplied of bikes in the domestic market is ________.
A. 50,000 B. 20,000 C. 100,000 D. 80,000
Other things equal, a monopolist will hire
A) more workers than a perfectly competitive industry. B) fewer workers than a perfectly competitive industry. C) more workers than a perfectly competitive firm. D) the same number of workers as a perfectly competitive industry would.
Government expenditures on goods and services have an indirect impact on the aggregate demand, while taxes have a direct impact
a. True b. False Indicate whether the statement is true or false