Which of the following are examples of situations involving a positive network externality?
A. Toys and fads
B. A social network
C. The bandwagon effect
D. All of the above
D. All of the above
Economics
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Other things the same, in the open-economy macroeconomic model, if the exchange rate rises,
a. the demand for dollars shifts left. b. the demand for dollars shifts right. c. the quantity of dollars demanded falls. d. the quantity of dollars demanded rises.
Economics
In which market model are the conditions of entry the most difficult?
A. Monopolistic competition B. Pure competition C. Pure monopoly D. Oligopoly
Economics