Multiple Choice
What is a significant downside to network externalities?
A) There may be large switching costs to consumers for changing products so that consumers end up using products with inferior technologies.
B) Firms may network with unethical suppliers or distributors.
C) The costs of hiring celebrity endorsements may be very high.
D) There may be large switching costs to firms changing technologies.
Correct Answer:

Verified
Correct Answer:
Verified
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