Could lower transaction costs in e-commerce ever make it easier for small suppliers to compete

english

Description

Can someone help with this assignment which needs to be explained in 400 words? Explain why the cost structure associated with many kinds of information goods and services might imply a market supplied by a small number of large firms. At the same time some internet businesses such as grocery home deliveries have continually suffered steep losses regardless of scale. Explain why. Could lower transaction costs in e-commerce ever make it easier for small suppliers to compete? As noted in Chapter 3, network externalities are often an important aspect of demand for information goods and services. (The benefits to customers of using software, participating in electronic markets, or using instant messaging increase with the number of other users.) How might network externalities affect firm operating strategies (pricing, output, and advertising) and firm size?

Instruction Files
words.docx
12.2 KB

Related Questions in english category


Disclaimer
The ready solutions purchased from Library are already used solutions. Please do not submit them directly as it may lead to plagiarism. Once paid, the solution file download link will be sent to your provided email. Please either use them for learning purpose or re-write them in your own language. In case if you haven't get the email, do let us know via chat support.