When there are two software industries, each producing brand-specific software, an increase in the degree of compatibility of the A- machine with the software written for the B- machine,

Related MCQs

• The firm with the higher market share under incompatibility earns _ under incompatibility whereas the firm with the smaller market share under incompatibility earns _ under compatibility.
• An increase in journal photocopying                       _ library’s value and hence funding, which in turn allows journal publishers to increase subscription fees.
• An increase in consumers’ preference for variety of software .
• Network industries does not include                       _
• The duration of each technology, Δ,                              with the population size of each generation, η, and with the technology-growth parameter, λ.
• Information is reproduced if each agent (the provider and each consumer) makes one copy for the benefit of another consumer.
•                             _ network effects arise when there are "at least two different customer groups that are interdependent, and the utility of at least one group grows as the other group(s) grow".
• Support-oriented consumers would prefer buying software over pirating software                                 .
• Cable television and air-traffic control are similar to each other because both of them are
• The duration of each technology, Δ,