Business, 07.10.2019 16:20, yousifgorgees101

What happens when consumption of a product is path dependent? a. the consumption path that a product follows depends on the firm that uses the best technology to produce it. b. the cost of switching to a product with a better technology gives the product with the initial technology an advantage. c. the product can sell for a higher price when it is new and there are no similar products consumers can buy than when it is older and consumers can choose to buy substitutes for the product. d. the technology used to produce the product has a specific growth path.

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What happens when consumption of a product is path dependent? a. the consumption path that a produc...