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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

Economics

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.

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