Author Question: A consumer's demand for a product increases because other consumers own it. This is an example of: ... (Read 59 times)

anjilletteb · **on:** Jun 30, 2018

A consumer's demand for a product increases because other consumers own it. This is an example of:
a. bandwagon effect.
b. a negative network externality.
c. snob effect.
d. none of the above

Question 2

If a market is informationally efficient, the current price of a corporation's common stock shares is the best predictor of its future performance because it incorporates all of the information currently known about its prospects.
Indicate whether the statement is true or false