question archive The greater the network effects associated with given reductions in the initial price,: a) the greater the elasticity of the long-run demand for the network good
The greater the network effects associated with given reductions in the initial price,: a) the greater the elasticity of the long-run demand for the network good
Subject:EconomicsPrice:2.88 Bought3
The greater the network effects associated with given reductions in the initial price,:
a) the greater the elasticity of the long-run demand for the network good.
b) the lower the elasticity of the long-run demand for the network good.
c) the greater the inelasticity of the long-run demand for the network good.
d) none of the above.
Option 1
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