When it comes to network goods, consumer loyalties may switch quickly.
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Q138: Telephones are a good example of a
Q139: Perfectly competitive firms dominate the market for
Q140: A network good is a good whose
Q141: Market contestability hurts the average consumer.
Q142: Explain why network goods are typically sold
Q144: Many local coffee and sandwich shops try
Q145: Antitrust policy is difficult in the case
Q146: Network industries that are contestable usually perform
Q147: Social networking sites are network goods, so
Q148: Describe the features of markets for network
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