2.Network industries does not include ____________
A) Telephone
B) Banking
C) Treasury Bonds
4.Economies of scale result from ____________
A) large fixed costs and/or weakly increasing variable costs
B) low fixed costs and/or strongly decreasing variable costs
C) large fixed costs and decreasing variable costs
D) low fixed costs and weakly increasing variable costs
5.Network scales faster as it __________________
A) lowers its customer acquistion cost.
B) higher its customer acquisition cost.
C) cost of acquisition remains constant.
6.Which of the following started as a De facto standard?
A) ISO
B) HTTP
C) IEEE
D) ANSI
7.Brands are said to be _________________ if a newer model is compatible with an older model, but not necessarily the other way around.
A) two-way compatible
B) strongly compatible
C) downward compatible
D) forward compatible
Question 2
C) Treasury Bonds
Question 4
large fixed costs and/or weakly increasing variable costs
Question 5
B) higher its customer acquisition cost.
Question 6
B) HTTP
Question 7
D) forward compatible
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