The more a technology is adopted:
A) the less valuable it becomes on account of market saturation.
B) the more susceptible it becomes to decreasing returns of adoption.
C) the greater are the opportunities for development of complementary assets.
D) the lesser are the possibilities for improvements in the technology and its applications.
Correct Answer:
Verified
Q1: Which of the following statements is true
Q3: When an industry has network externalities,the value
Q4: Increasing returns to adoption means that the
Q5: A legally induced adherence to a dominant
Q6: Products that have a large installed base
Q7: The learning curve indicates that the more
Q8: In a market characterized by network externalities,the
Q9: Since perceived or expected installed base may
Q10: As firms develop complementary technologies to improve
Q11: Network externalities cannot arise in markets that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents