An increase in supply leads to an increase in price for a small network with a fixed capacity and a decrease in price for a non-network good.

Name: An increase in supply leads to an increase in price for a small network with a fixed capacity and a decrease in price for a non-network good.
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Question

Quizplus · Accepted Answer

An increase in supply typically leads to a decrease in price for both network goods and non-network goods, as more availability often reduces scarcity and thus the price consumers are willing to pay.

An Increase in Supply Leads to an Increase in Price