Sunday
September 21, 2014

Homework Help: managerial economics

Posted by samson on Wednesday, March 7, 2012 at 6:45am.

Explain why the cost structure associated with many kinds of information goods and services might imply a market supplied by a small number of large firms. (At the same time, some internet businesses such as grocery home deliveries have continually suffered steep losses regardless of scale. Explain why). Could lower transaction costs make it easier for small suppliers to compete? Network externalities are often an important aspect of demand for information goods and servcies. (The benefits to customers of using software, participating in electronic markets, or using instant messaging increase with the number of other users). How might network externalities affect firm operating strategies (pricing, output and advertising) and firm size?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Managerial Economics - Why the cost structure associated with many kinds of ...
Business - Explain why the cost structure associated with many kinds of ...
Managerial Economics - Explain why the cost structure associated with many ...
Economics - explain why the cost tructure associated with many kinds of ...
Economics - The circular flow of economic activity can be summed up as: A. ...
Economics - You should start a new post instead of adding on to an existing post...
managerial economics - Can someone explain cost structure and market structure ...
managerial economics - Can someone explain cost structure and market structure ...
Economics - The market for fertilizer is perfectly competitive. Firms in the ...
Microeconomics - Monopolistic Competition The administrtive burden of regulating...

Search
Members