The market for social-media-monitoring software exhibits very strong network externalities: The firm with the highest market share doubles its market share every year. It took Rogue Inc 20 years to obtain 100% market share and become a monopoly. How may years did it take for Rogue Inc to obtain 25% market share? a. 5. b. 18. c. 15. d. 7
The market for social-media-monitoring software exhibits very strong network externalities: The firm with the highest market share doubles its market share every year. It took Rogue Inc 20 years to obtain 100% market share and become a monopoly. How may years did it take for Rogue Inc to obtain 25% market share? a. 5. b. 18. c. 15. d. 7
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 28EQ
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The market for social-media-monitoring software exhibits very strong network
externalities: The firm with the highest market share doubles its market share every year. It
took Rogue Inc 20 years to obtain 100% market share and become a monopoly. How may
years did it take for Rogue Inc to obtain 25% market share?
a. 5.
b. 18.
c. 15.
d. 7
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