Network externalities create a push toward:
A) natural monopoly.
B) government deregulation.
C) foreign competition.
D) perfect competition.

Name: Network externalities create a push toward: A) natural monopoly. B) government deregulation. C) foreign competition. D) perfect competition.
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Question

Quizplus · Accepted Answer

Network externalities often lead to a natural monopoly because the value of a product or service increases as more people use it, creating a situation where a single firm can dominate the market.

Network Externalities Create a Push Toward