For each of the following products, could consumer lock-in or network externalities (or both) create a barrier

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For each of the following products, could consumer lock-in or network externalities (or both) create a barrier to entry? Explain why or why not.
a. Toothpaste.
b. Vinyl LP record albums.

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Managerial Economics Foundations of Business Analysis and Strategy

ISBN: 978-0078021909

12th edition

Authors: Christopher Thomas, S. Charles Maurice

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Question Posted: Feb 24, 2020 08:53 AM

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For each of the following products, could consumer lock-in or network externalities (or both) create a barrier

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Managerial Economics Foundations of Business Analysis and Strategy

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