Question

What effect does a network externality have on the market for a​ product? If a network externality is present for a​ product, then A. may be likely to the product to avoid market failure. B. may be less likely to the product to avoid switching costs. C. producers may be less likely to supply the product because it is less unique. D. may be more likely to the product to create path dependence. E. consumers may be more likely to buy the product because it is more useful.

Answer 1

Answer: ok here What effect does a network externality have on the market for a​ product? Consumers may be more likely to buy the product because it is more useful.

Explanation: