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Homework answers / question archive / How can the pursuit of market power lead to the social good? A) It always leads to the lowest prices for the customers

How can the pursuit of market power lead to the social good? A) It always leads to the lowest prices for the customers

Marketing

How can the pursuit of market power lead to the social good? A) It always leads to the lowest prices for the customers. (incorrect answer) B) It can lead to innovation. C) It leads to less product differentiation. D) It can lead to price discrimination

Which of the following is NOT a result of the network effect? A) Facebook is more valuable to a person the more friends use it. B) eBay is more valuable to a buyer the more sellers there are. (incorrect answer) C) eBay is more valuable to a seller the more buyers there are. D) ?Network effects? tend to limit the size of the firm.

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