A network must be small if network externalities are to be huge

Other things being equal, the increase in rents that occurs after rent controls are abolished is smaller when:

A.rented homes and owned homes are substitutes. B. rented homes and owned homes are complements. C. the own price elasticity of demand for rental homes is price inelastic. D. the own price elasticity of demand for rental homes is price elastic. E. the own price elasticity of demand for rental homes has unitary price elasticity.

The economist Hernando de Soto extensively studied:

a. the problem of scarcity. b. opportunity costs. c. insecure property rights. d. economic freedom in rich countries. e. the sources of comparative advantage in trade.