Question: In markets with strong network externalities: a. It is common for the market to be split equally across several firms. b. Market shares typically fluctuate

In markets with strong network externalities:

a.

It is common for the market to be split equally across several firms.
b.

Market shares typically fluctuate in opposite directions, i.e. high market share today implies lower market share tomorrow.
c.

A single firm tends to dominate the market.
d.

Market entry happens frequently.

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