Which of the following statements about network economics is not true?
A) eBay is an example of a business model that is based on the principle of network economics.
B) The law of diminishing returns does not always apply to every situation.
C) From a network economics perspective, the value of a community of people grows as the number of participants in the community increases.
D) Information technology can be strategically useful from a network economics perspective.
E) In network economics, the marginal cost of adding new members to the network is higher than the marginal gain.
E
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For the government-wide statements, governmental activities are to be presented separately from the financial statements of business-type activities
Indicate whether the statement is true or false
Uncertainty about the future market value of an asset is referred to as
a. price risk. b. credit risk. c. interest rate risk. d. exchange rate risk.
If 100 shares of treasury stock were purchased for $50 per share and then sold at $60 per share, $1,000 of income is reported in the income statement
Indicate whether the statement is true or false
Which of the following is not associated with post-Fordism:
a. standardisation b. flexibility c. routinisation d. mass production