Explain the difference between a positive and a negative network externality and give an example of each.

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Microeconomics

ISBN: 978-0132857123

8th edition

Authors: Robert Pindyck, Daniel Rubinfeld

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Question Posted: Dec 22, 2015 02:15 AM

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Explain the difference between a positive and a negative network externality and give an example of each.

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A positive network externality exists if one individuals demand increases in response to the purchas...View the full answer

Microeconomics

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