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Author Question: What is a network externality? A) It refers to a product that requires connection to a network ... (Read 121 times)

nenivikky

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on: Jun 29, 2018
What is a network externality?
 
  A) It refers to a product that requires connection to a network for it to be useful.
  B) It refers to a situation in which a product's usefulness increases with the number of people using it.
  C) It refers to having a network of suppliers and buyers for a good or service.
  D) It refers to lobbying to form a public enterprise.

Question 2

If economies of scale are relatively unimportant in an industry, the typical firm's long-run average total cost curve will reach a minimum at a level of output that is a ________ fraction of total industry sales. The industry will be ________.
 
  A) large; competitive B) small; an oligopoly
  C) large; an oligopoly D) small; competitive
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missalyssa26

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Reply #1 on: Jun 29, 2018
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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nenivikky

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Reply #2 on: Jun 29, 2018
Thank you


missalyssa26

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Reply #3 on: Jun 29, 2018
No problemo


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