Multiple Choice
All but one of the following have been suggested by some economists as possible consequences of path dependency and switching costs.Which of the following is not a possible consequence of path dependency and switching costs?
A) Consumers may get locked into using products with inferior technology.
B) Market failure
C) Diseconomies of scale
D) Government intervention may be necessary in affected markets in order to improve economic efficiency.
Correct Answer:

Verified
Correct Answer:
Verified
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