All but One of the Following Have Been Suggested by Some

question 220

Multiple Choice

All but one of the following have been suggested by some economists as possible consequences of path dependency and switching costs.Which of the following is not a possible consequence of path dependency and switching costs?

• A)Consumers may get locked into using products with inferior technology.
• B)market failure
• C)diseconomies of scale
• D)Government intervention may be necessary in affected markets in order to improve economic efficiency.

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Definitions:

Bulletin Board

A surface intended for the posting of public messages, announcements, or information.

Classroom Volunteer

Someone who offers support for children’s learning in some way.

Tutor Individual

A private teacher who provides additional, specialized instruction to an individual student, outside of the traditional classroom setting.

Culturally Responsive

An approach in education and other sectors that recognizes the importance of including students' cultural references in all aspects of learning.