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Author Question: Which of these is an example of a negative network externality? A) Bandwagon effect B) ... (Read 99 times)

magmichele12

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on: Jul 1, 2018
Which of these is an example of a negative network externality?
 
  A) Bandwagon effect
  B) Pollution
  C) Snob effect
  D) Two-part tariff

Question 2

Refer to the game in Scenario 13.6. What will occur if ERS Co plays a maximin strategy?
 
  A) -100, -1
  B) 2, -0.5
  C) 1, -1
  D) -0.5, -0.5
  E) There is a 0.25 chance of each outcome in that case.


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lkoler

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

D


magmichele12

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Reply 2 on: Jul 1, 2018
Wow, this really help

mcarey591

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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