Which one would NOT be considered a network good? cell phones buffet study rooms

Question

Which one would NOT be considered a network good? cell phones buffet study rooms email programs online Player versus Player games economist Michael piercer offered a unique solution to the problem of deadweight loss created by monopolies that have control of an innovation What solution did he propos that would leave tin drive to innovate one own promised? The government should buy the innovation created by the monopoly The government shock) sell a patent to the monopoly that creates the Innovative technology The government should buy out the rights of the patent from the monopoly and destroy the patent middot The government should Place a poke control on the monopoly's. product People sometimes Plant to similar oat pokes at gas stations as evidence of confusion when they could)use be selling at market price. If this is not good evidence of collusion, what Is?

Explanation / Answer

34. quiet study room

Network good is that good that that network effect. It includes network externality. These type of good has network effect on the other person. Cell phones are useful if the other person also possess it. If it is purchased by only 1 person in the economy then it has no use. So, it create cost for the other.

35. The government should buy out the rights of the patent from the monopoly.

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