Author Question: Which of these is an example of a negative network externality? A) Bandwagon effect B) ... (Read 94 times)

magmichele12 · **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.