Why have digital goods become so dominant? Think for example the music industry. a) There are clear direct network effects as a result of digitalization. b) Digital goods are non-rival. c) Some costs are lower for digital goods than for traditional goods.
Why have digital goods become so dominant? Think for example the music industry. a) There are clear direct network effects as a result of digitalization. b) Digital goods are non-rival. c) Some costs are lower for digital goods than for traditional goods.
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter12: More Realistic And Complex Pricing
Section: Chapter Questions
Problem 12.4IP
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