Some Economists Have Suggested That Network Externalities Result in Consumers

question 189

Multiple Choice

Some economists have suggested that network externalities result in consumers being locked into the use of products with inferior technologies.Economists Stan Leibowitz and Stephen Margolis have studied cases that have been cited as examples of this and found

• A)there is no convincing evidence that the alternative technologies were superior.
• B)consumers sometimes do become locked into the use of products with inferior technologies.
• C)that in all of these cases network externalities resulted in market failure.
• D)that consumers use products with inferior technologies when their prices are lower than products with superior technologies.

Compare and contrast different transport systems, such as the hydrogen pump, glucose-sodium cotransport, facilitated diffusion, and active transport.

Describe the role of cotransport systems in providing energy for active transport.

Outline the variety of activities performed by membrane proteins in multicellular organisms.

Understand the process and effects of plasmolysis in plant cells under specific osmotic conditions.