MCQOPTIONS
Saved Bookmarks
| 1. |
When users’ preferences exhibit network externalities, |
| A. | computer producers charge higher prices and earn higher profits when they make their machines compatible; |
| B. | consumers are worse off when firms sell compatible machines. |
| C. | consumers are well off when firms sell compatible machines |
| D. | Both A & B |
| Answer» E. | |