Which statement is FALSE?
A) Network goods are usually sold by monopolies or oligopolies.
B) When networks are important the "best" products usually win.
C) Standard wars are common in establishing network goods.
D) Competition in network goods is for the market, not in the market.

Question

Quizplus · Accepted Answer

When networks are important, the "best" products do not always win; instead, products that achieve a critical mass of users or have better network effects often dominate, even if they are not technically superior.

Which Statement Is FALSE