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.