Multiple Choice
As output increases
A) the network effect puts downward pressure on prices while the price effect puts upward pressure on prices.
B) the network effect puts upward pressure on prices while the price effect puts downward pressure on prices.
C) both the network effect and the price effect put upward pressure on prices.
D) both the network effect and the price effect put downward pressure on prices.
Correct Answer:
Verified
Correct Answer:
Verified
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