In an Industry with Network Effects and Differentiated Products, It

question 272

Multiple Choice

In an industry with network effects and differentiated products, it is possible for the industry to become an oligopoly if

• A) they engage in a zero-sum game.
• B) they use a price-leadership model.
• C) they use a kinked demand curve model.
• D) a few firms reap most of the sales gains resulting from positive market feedback.

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