Solved

When Is a Good Path Dependent

Question 121

Multiple Choice

When is a good path dependent?


A) When consumers get utility from consuming goods that others are consuming, such as restaurants.
B) When the first technology that was adopted has an advantage over a better technology that came later.
C) When people who move location follow the path of people who moved before them.
D) When it can only be used in one way.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions