Multiple Choice
Tony has a cell phone,and his service provider is Verizon.When he calls his wife,Meleah,who is also a Verizon customer,he does not have to pay for those minutes.The more Verizon customers there are in the market,the more benefit Tony receives.This is:
A) a network externality.
B) the Coase theorem.
C) a Pigouvian subsidy.
D) a technology spillover.
Correct Answer:
Verified
Correct Answer:
Verified
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