Network externalities cannot arise in markets that do not have physical networks.
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Verified
Q6: Products that have a large installed base
Q7: The learning curve indicates that the more
Q8: In a market characterized by network externalities,the
Q9: Since perceived or expected installed base may
Q10: As firms develop complementary technologies to improve
Q12: Neon Electronics Inc.is an electronics manufacturing company.It
Q13: The influence of a dominant design can
Q14: Network externality returns refers to the value
Q15: Firms that develop new technologies ahead of
Q16: Though learning curves are found in a
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