If Network Externalities Exist in an Industry,the ________ Firm to Enter

question 98

Multiple Choice

If network externalities exist in an industry,the ________ firm to enter the market is often the one that succeeds in dominating the industry.

• A) first
• B) second
• C) third
• D) fourth
• E) fifth

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Definitions:

Foreclosure

In identity formation, a state where an individual commits to an identity without exploring alternatives, often due to external imposition.

Identity Achievement

A stage in identity development where an individual has explored various options and commitments and made choices about beliefs and goals.

Sexual Anxiety

Feelings of fear, worry, or nervousness regarding sexual activity, which can impact sexual performance and satisfaction.

Sex

A biological categorization based on reproductive anatomy and functions, typically classified as male or female.