How Does a Network Externality Serve as a Barrier to Entry

question 121

Essay

How does a network externality serve as a barrier to entry? Is this barrier surmountable? Explain.

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Definitions:

Inspiratory Capacity

The total amount of air that can be inhaled after a normal exhalation, indicating the function of lung expansion.

Tidal Inhalation

The process of taking air into the lungs in a manner similar to the rise and fall of tides, typically in a gentle and rhythmic fashion.

Intrapulmonary Pressure

The pressure within the lung alveoli, vital for the process of breathing and gas exchange.

Pleural Cavity

The fluid-filled space between the two layers of the pleura, surrounding each lung.