All but one of the following have been suggested by some economists as possible consequences of path dependency and switching costs.Which of the following is not a possible consequence of path dependency and switching costs?
A)Consumers may get locked into using products with inferior technology.
B)market failure
C)diseconomies of scale
D)Government intervention may be necessary in affected markets in order to improve economic efficiency.

Question

Quizplus · Accepted Answer

Diseconomies of scale are not a consequence of path dependency and switching costs; they refer to the increased per-unit costs that can occur when a company grows too large. Path dependency and switching costs are more related to market dynamics and consumer behavior rather than production scale issues.

All but One of the Following Have Been Suggested by Some