managerial economics

posted by .

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?

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Economics

    You should start a new post instead of adding on to an existing post. That said, I would go with A Which of the following statements is true?
  2. Economics

    The circular flow of economic activity can be summed up as: A. households earn money by selling their factors of production to firms in the factor market and use that money to buy goods and services from firms in the product market. …
  3. managerial economics

    Can anyone give me any information concerning the rate of business failures, and does the rate of failure off small businesses differ from that of large businesses?
  4. managerial economics

    Can someone explain cost structure and market structure to me please.
  5. Managerial Economics

    In a perfect competitive market, industry demand is P = 850 – 2Q, and industry supply is P = 250 + 4Q (supply is the sum of the marginal cost curves of the firms in the industry). Assume that all the firms collude to form a single …
  6. Business

    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 …
  7. Economics

    explain why the cost tructure 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 …
  8. Managerial Economics

    Explain why the cost structure associated with many kinds of information good 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 …
  9. Managerial Economics

    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.
  10. Economics

    What is an oligopoly? A. An agreement by a formal organization of producers to coordinate prices and production B A market structure in which a few large firms dominate the market C A market structure in which two firms have a price

More Similar Questions