'Large network externality' diaporamas de présentation

Chapter Thirty-Four

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Gaming system

Gaming system. Which video game system do you have? Why did you buy that brand? Which car do you have? Why did you buy that brand? Washing Machine? Why did you buy that brand?. Network Externalities . Phones, Faxes, e-mail, etc. all have the following property:

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Aggregate Demand

Aggregate Demand. How do we get aggregate demand from individual demands? Two people with demands xA(p1,p2,m) and xB(p1,p2,m). Aggregate demand X=xA+xB. What does this look like with demand curves? Horizontal or Vertical addition?. Information Technology .

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