Multiple Choice
Network externalities exist when
A) the value of a product for a customer lies in how many others he can connect to.
B) the value of a product for a customer depends significantly on the number of other users of the same product.
C) there are large benefits to other customers.
D) there are huge drawbacks for other customers.
Correct Answer:
Verified
Correct Answer:
Verified
Q41: The "regime of appropriability" refers to the
Q42: The inventing or innovation-initiating team should be
Q43: If a strong system of appropriability exists,
Q44: One problem with innovation in large, rigidly
Q45: An innovation is more likely to diffuse
Q47: The essence to winning a standards war
Q48: A patent is usually the best protection
Q49: Technology is NOT very important to established,
Q50: The determinants of the choice between a
Q51: To determine the amount of the value