Which statement is NOT a feature of markets for network goods?
A) Only one network good in each industry can exist at one time.
B) When networks are important, the "best" product may not always win.
C) Competition in markets for network goods is "for the market" instead of "in the market."
D) Monopolies or oligopolies usually sell network goods.

Question

Quizplus · Accepted Answer

This statement is not a feature of markets for network goods. In fact, multiple network goods can exist in the same industry, although usually only one dominates the market.

Which Statement Is NOT a Feature of Markets for Network