The network effect in the TV broadcasting industry results in
A. a positive market feedback between the number of advertisers and the number of TV channels.
B. a negative market feedback between the number of advertisers and the size of TV audience.
C. a negative market feedback between the number of advertisers and the number of TV channels.
D. a positive market feedback between the number of advertisers and the size of TV audience.
Answer: D
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Answer the following statement true (T) or false (F)
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A. flat. B. vertical. C. U-shaped. D. None of these statements is true.
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a. promote monopolies. b. are intended to serve private interests, not the public's interest. c. have costs but not benefits. d. eliminate the need for firms to engage in research and development.
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A. exogenous spending. B. recessionary gaps. C. expansionary gaps. D. unemployment.