Business, 10.10.2019 00:30 jermainedwards

What happens when network externalities are present?

a. the usefulness of a product decreases as the number of firms selling the product increases.
b. the usefulness of networks diminishes with the number of consumers who enter them.
c. the usefulness of telecommunications equipment rises.
d. the usefulness of a product increases with the number of consumers who use it.

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What happens when network externalities are present?

a. the usefulness of a product de...

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