If Network Externalities Exist in an Industry,the ________ Firm to Enter

question 98

Multiple Choice

If network externalities exist in an industry,the ________ firm to enter the market is often the one that succeeds in dominating the industry.

• A) first
• B) second
• C) third
• D) fourth
• E) fifth

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Definitions:

Denial

A psychological defense mechanism where a person refuses to accept reality or facts, thereby avoiding a potentially distressful situation.

Kubler-Ross's Typology

A model describing five stages of emotional response to grief and loss, namely denial, anger, bargaining, depression, and acceptance.

Refusing

involves the act of saying no or denying a request, offer, or demand.

Intergenerational Ambivalence

Contradictions that arise both from kinship roles and personal emotions.