Network goods are usually sold by:
A) monopolistically competitive firms or monopolies.
B) oligopolies or perfectly competitive firms.
C) perfectly competitive firms or monopolistically competitive firms.
D) monopolies or oligopolies.

Question

Quizplus · Accepted Answer

Network goods are typically sold by monopolies or oligopolies because these markets benefit from network effects, where the value of the product increases as more people use it, leading to fewer firms dominating the market.

Network Goods Are Usually Sold By