Standards Wars Are a Common Issue with Network Goods, and They

Multiple Choice

Standards wars are a common issue with network goods, and they occur because

A) they lead to network compatibility, allowing competing standards to coexist in a market by ensuring that the media can be used on competing formats.
B) they lead to network compatibility, allowing competing standards to split the market into geographical segments.
C) firms spend money to achieve productivity gains and cost reductions.
D) firms tend to compete vigorously to become the industry standard, thereby "owning" the network.