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MB 113 Economics Assignment Sample

Economics Reflective Journal 6. Full Reference Akerlof, R., Holden, R., & Rayo, L. (2018). Network externalities and market dominance. Unpublished Manuscript. Summary The main objective of the paper was to determine the optimal pricing and price competition when the multiple equilibriums have been achieved due to network externalities. In this article, the author has developed a framework that provides the firms with the simple…

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