Explain the nature of the network externality in each of the following cases. a. A new type
Question:
Explain the nature of the network externality in each of the following cases.
a. A new type of web-based payment system called PayMo
b. A new type of car engine, which runs on solar cells
c. A website for trading locally provided goods and services
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
a When a large number of other people use PayMo th...View the full answer
Answered By
OTIENO OBADO
I have a vast experience in teaching, mentoring and tutoring. I handle student concerns diligently and my academic background is undeniably aesthetic
4.30+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Explain the nature of the network externality in each of the following cases. a. A new type of credit card, called Passport b. A new type of car engine, which runs on solar cells c. A website for...
-
Each of the following situations involves possible violations of the AICPA Code of Professional Conduct. For each situation, state whether it is a violation of the Code. In those cases in which it is...
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
11. Which one is not a source for collecting references? Ans : O Proquest Ebscohost O Scopus Safe assign
-
Fill in the blank from the choices given below. ---------is used to understand the impact of independent variables on a particular dependent variable. a) Causal research b) Probability sampling c)...
-
Leah had recently changed employment and was now working in a further education college close to her home. Her main reasons for choosing the college were her assumptions that the job was likely to be...
-
Using only the factor formulas given in Table 2.6, derive Equation 7.5 starting with Equation 7.3. TABLE 2.6 Summary of Discrete Compounding Interest Factors. To Find Given Factor Symbol Name P F...
-
The adjusted trial balance of Anderson Cooper Co. as of December 31, 2008, contains the following. Instructions (a) Prepare an income statement. (b) Prepare a statement of retained earnings. (c)...
-
ELLA'S ELECTRONICS ACCOUNTING PROJECT PART 2Adjusting InformationAt the end of February, the following information is determined:a. One month of the business insurance coverage has expired.b. At the...
-
Use the accompanying total revenue schedule of Emerald, Inc., a monopoly producer of 10-carat emeralds, to calculate the answers to parts ad. Then answer part e. a. The demand schedule b. The...
-
Suppose the government is considering extending the length of a patent from 20 years to 30 years. How would this change each of the following? a. The incentive to invent new products b. The length of...
-
What are the main reasons why small tourism and hospitality businesses should engage with consumers through digital marketing and social media?
-
The area of a square is represented by the formula A-s. When that square is cut by a diagonal, two isosceles triangles are formed. The area of one of the resulting triangles is A = Suppose you know...
-
1 1+P 1+p+q If C = 2 3+2p 3 6+3p 10+6p+3q] 4+3p+2q ; Calculate det (2C-1)
-
please use the facts and circumstances outlined above and address the following items. Estimate the fixed and variable portions using the high-low method. Test the assertion. Using the updated data...
-
As the Jones' Financial Planner, are they on the right track to reach their retirement goal?Using TVM Calculations, determine at the current savings rate how close to the goal of 1.4 million at...
-
Take a look at the C code (fa-pipe.c) shown below. Assume that all system and library calls succeed at runtime. (All error handling code has been omitted for brevity.) #include #include #include...
-
For the band brake shown, the maximum allowed tension in either belt is 5.6kN. Knowing that the coefficient of static friction between the belt and the 160-mm-radius drum is 0.25, determine (a) The...
-
Following is the current balance sheet for a local partnership of doctors: The following questions represent independent situations: a. E is going to invest enough money in this partnership to...
-
1. The wage for a particular occupation will be relatively low if labor _______ (demand/supply) is small relative to labor _______ (demand/supply). 2. If a city has a relatively high crime rate, we...
-
1. The wage for a particular occupation will be relatively low if labor _______ (demand/supply) is small relative to labor _______ (demand/supply). 2. If a city has a relatively high crime rate, we...
-
1. The wage for a particular occupation will be relatively low if labor _______ (demand/supply) is small relative to labor _______ (demand/supply). 2. If a city has a relatively high crime rate, we...
-
Problem 5 (20/100): Ethane is burnt to supply enough heat to convert 50 kg of water at 10 C to steam at 100 C. The heat of combustion of ethane is 368 kcal/mol. Specific heat capacity of water is 1...
-
An adjusting entry that debits Sales Revenue and credits Refund Liability as well as debits Inventory-Estimated for Returns and credits Cost of Goods Sold is recording the ______. Multiple choice...
-
You are given 1 ETH on Sept 18th, 2020 worth $384. You sell the ETH on Oct 29th, 2021 for $4416. Group of answer choices You owe capital gains tax rate on 4416 in 2021. You owe personal income tax...
Study smarter with the SolutionInn App