Question: 20 2 points In a market influenced by network externalities, the winning product or service is determined by its technical superiority True False * 212

20 2 points In a market influenced by network
20 2 points In a market influenced by network externalities, the winning product or service is determined by its technical superiority True False * 212 points A price-taking firm Sets the product's price to whatever level they decide Talks to rival firms to determine the best price for all of them to charge Asks the government to set the price of its product Cannot influence the price of the product it sells

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