The ____ effect is a ____ network externality where a consumer wants to own a unique good.
a. bandwagon; negative
b. bandwagon; positive
c. snob; negative
d. snob; positive.
Question 2
In a merger, the outsider buys the shares of a target firm with debt collateralized by its other assets and sometimes by the target's assets.
Indicate whether the statement is true or false