Multiple Choice
What is most likely to occur in an industry based on increasing returns?
A) what you earn on your marginal product declines as volume of output increases
B) what you earn on your marginal product increases as volume of output increases
C) what you earn on your marginal product declines as network externalities increase
D) what you earn on your marginal product increase as network externalities increase
Correct Answer:
Verified
Correct Answer:
Verified
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