Which Statement Is NOT a Feature of Markets for Network

question 3

Multiple Choice

Which statement is NOT a feature of markets for network goods?

• A) Only one network good in each industry can exist at one time.
• B) When networks are important, the "best" product may not always win.
• C) Competition in markets for network goods is "for the market" instead of "in the market."
• D) Monopolies or oligopolies usually sell network goods.

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Definitions:

Cause Stress

Factors or situations that induce a physical or emotional strain or tension in individuals.

Locus of Control

An individual's belief about the extent to which their actions can influence the events and outcomes in their lives.

Broad Preferences

General or overarching choices or inclinations that an individual or group may have.

Geert Hofstede

A Dutch social psychologist who is known for his research on cross-cultural groups and organizations, particularly for developing cultural dimensions theory.