What is the source of the network effect

Assignment Help Business Economics
Reference no: EM13854033

Since its founding in 331 B.C.E., the city of Alexandria has been a center of trade for the Mediterranean countries, as well as the Middle Eastern countries. Part of this is due to geography, but it is also due to the network effect. What is the source of the network effect?

Reference no: EM13854033

Questions Cloud

Describing the database design development life cycle : You will write a report describing the database design development life cycle and describe in details the steps needed to properly create the database you have selected for your Key Assignment
Capitalism faces its challenge : Use “John Maynard Keynes – capitalism faces its challenge,” in Big Three in Economics by Skousen as your resource to answer the following questions: What was the economic context in which Keynes was writing? How did that affect his economic views?
What was the companys cash coverage ratio : The company's net income was $8,912 with a tax rate of 34%. The firm paid $3,987 in total expense with a depreciation of $4,873. What was the company's cash coverage ratio?
Take for sallie to repay the entire loan : A certain college graduate, Sallie Evans, has $24,000 in student - loan debt at the end of her college career. The interest rate on this debt is 0.75% per month. If monthly payments on this loan are $432.61, how many months will it take for Sallie to..
What is the source of the network effect : Since its founding in 331 B.C.E., the city of Alexandria has been a center of trade for the Mediterranean countries, as well as the Middle Eastern countries. Part of this is due to geography, but it is also due to the network effect. What is the sour..
According to the production possibilities model : According to the production possibilities model, does a reduction in the unemployment rate cause the economy to grow (yes or no)? Explain why or why not. What about Improvement in technology.
Use the laws of demand and supply : Discuss how you can use the laws of demand and supply to explain the following scenarios: Scenario 1: After world gasoline prices jumped in the late 2000s, global bicycle sales rose to more than 1 million per month.
Why he needs an erp system and how it would help : However, business is picking up, and she has gotten far behind in filing taxes, paying bills, and so on. Write a persuasive essay to your uncle about why he needs an ERP system and how it would help with not only the burden of billing, payroll, and..
Banking system leads to an increase in fed funds rate : Which of the following is a rate that should theoretically serve as a floor for the Fed funds rate? A dealer is said to be running a "matched book" if. An increase in the supply of reserves in the banking system leads to an increase in the Fed funds ..

Reviews

Write a Review

Business Economics Questions & Answers

  Organization manages its inventory

For this SLP take a look at how your organization manages its inventory and then answer the following questions.

  Dynamic pricing affect ticket sales-total revenue and profit

How does Ticketmaster's "dynamic pricing" affect ticket sales, total revenue and profit? Does Ticketmaster provide a valuable service, or is it a necessary evil to purchasers of event tickets?

  Most republicans want to reduce federal spending

The U.S. Congress debates the new budget every fiscal year. Most Republicans want to reduce federal spending; most Democrats do not want to reduce spending and may, in some cases, seek to increase it.

  Suppose there is a permanent increase in a country saving

Suppose there is a permanent increase in a country's saving rate. This increase in the saving rate will cause:

  Freds fashion accessories of new jersey

Fred's Fashion Accessories of New Jersey produces jewelry for sale in Boston and New York subject.

  Which policy would domestic consumers prefer and why

Explain why domestic producers who supply a good that competes with imports would prefer an import-substitution approach to trade rather than an export promotion approach. Which policy would domestic consumers prefer and why.

  Qassume that in a certain region there is a single firm

q.assume that in a certain region there is a single firm producing chocolates nestlex. in this region there is a

  Suppose the market for gelato is perfectly competitive

Suppose the market for gelato is perfectly competitive, and that gelato is a constant cost industry. The long-run cost function for producing gelato is TC(Q) = Q^3 ? 2Q^2 + 5Q. The demand for gelato is Q = 300 - 2p

  Illustrate what policies do governments adopt

Illustrate what policies do governments adopt to redistribute income and how do those policies help the country's economic growth.

  Why one type of the business is potentially so profitable

The profitability of the leading cola syrup manufacturers, PepsiCo and Coca Cola, and of the bottlers in the cola business is different. PepsiCo and Coca Cola enjoy 81 operating profit as a percentage of sales; bottlers experience only 15 operatin..

  Profit-maximizing competitive firm compare to marginal cost

How does the price faced by a profit-maximizing competitive firm compare to its marginal cost? Explain. When does a profit-maximizing competitive firm decide to shut down? When does a profit-maximizing competitive firm decide to exit a market?

  Firm can compute all points on its total cost curve

Assume that marginal utility of good A is 4 times the marginal utility of good b. The firm can compute all points on its total cost curve if it knows.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd