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Author Question: Due to the network externalities in the smartphone market, we would expect this market to (Read 87 times)

Cooldude101

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on: Apr 19, 2019

Question 1

________ present(s) a barrier to entry in the video game console market.


◦ Economies of scale
◦ Ownership of a scarce resource
◦ Network externalities
◦ A government franchise

Question 2

Due to the network externalities in the smartphone market, we would expect this market to


◦ overproduce game consoles.
◦ be highly concentrated.
◦ be efficient.
◦ be serviced by a natural monopoly.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Cooldude101 on Apr 19, 2019

lkoler

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Cooldude101

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Reply #2 on: Apr 19, 2019
Excellent


lkoler

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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