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Network Goods Such as Telephones, Computer Operating Systems and the Like

question 100

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Network goods such as telephones, computer operating systems and the like, will tend to become monopolies because consumers will naturally tend to buy from the largest supplier of the good. who will eventually become a monopoly. This monopoly position


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Employer

An individual or organization that hires and pays people to perform specific jobs.

Transferred

The act or process of moving someone or something from one place, position, or ownership to another.

Leadership

The act of guiding or influencing a group towards achieving a common goal, often involving motivating and managing others.

Maturity

The state of being fully developed physically or mentally, often characterized by responsible behavior and emotional stability.

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