Multiple Choice
Network effects arise in an industry where:
A) the size of the network of complementary products is a primary determinant of demand for an industry's product.
B) a large network of companies in an industry use the same business model and strategies.
C) a company is able to adhere to the same technical standards across its network of outlets.
D) companies network together and lobby for establishing certain technical standards.
E) companies that are not in favor of a technical standard network together.
Correct Answer:

Verified
Correct Answer:
Verified
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