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The market for social-media-monitoring software exhibits very strong network externalities: The firm with the highest ma

Posted: Wed Jul 06, 2022 5:54 am
by answerhappygod
The market for social-media-monitoring software exhibits verystrong network externalities: The firm with the highest marketshare doubles its market share every year. It took Rogue Inc 20years to obtain 100% market share and become a monopoly. How mayyears did it take for Rogue Inc to obtain 25% market share?
a. 5.
b. 18.
c. 15.
d. 7.