Economy, asked by raunakharsh4584, 11 months ago

What are the network effects of economies of scale?

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Answered by Anonymous
2

Answer:

Some of the most powerful and fastest-growing companies are based upon Network Effects. That makes this an exciting topic—to find out what’s behind Apple’s app ecosystem, Facebook’s social content, and Airbnb’s community.

Here’s what’s coming up in this Edition of Evergreen:

Distinct Types of Network Effects — yes, there are types

What Network Effects are Not — don’t get it twisted

Why Network Effects are powerful

How to Create Network Effects

What Exactly are Network Effects?

Network Effects were not really ‘a thing’ until we started to build a layer of technology for communication around our planet. It was coined in the early 1970's as academics began to study the growth of the telephone network

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