In the market for a network good, the private supply curve lies to the right of the social supply curve.

Name: In the market for a network good, the private supply curve lies to the right of the social supply curve.
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Question

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In the market for a network good, the social supply curve lies to the right of the private supply curve because social benefits include the positive externalities of network effects, which are not accounted for by private suppliers.

In the Market for a Network Good, the Private Supply