The opposite of the bandwagon effect is:
A. a network externality, positive or negative.
B. a positive network externality.
C. the substitution effect.
D. the snob effect.
D. the snob effect.
Economics
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Feasible options are options:
A) that are available and affordable. B) that are available but not affordable. C) that are affordable but not available. D) that are optimal for an economic agent.
Economics
The price mechanism solves the "for whom" problem by assigning high prices to goods in high demand and letting customers choose whether to purchase them
a. True b. False Indicate whether the statement is true or false
Economics