Question

which of the following is not an important factor in determining the importance of a dominant design in a market? group of answer choices all these are important factors. interoperability economies of scale the potential for industry convergence network effects

Answer 1

In determining the importance of a dominant design in a market, all of these factors - interoperability, economies of scale, the potential for industry convergence, and network effects - are important.

Step-by-step explanation:

In determining the importance of a dominant design in a market, all of these factors - interoperability, economies of scale, the potential for industry convergence, and network effects - are important. Interoperability allows different products to work together and creates value for consumers. Economies of scale enable companies to produce goods or services more efficiently, leading to cost advantages. The potential for industry convergence suggests that different industries may merge or collaborate, impacting the dominant design. Finally, network effects occur when the value of a product or service increases as more people use it. Therefore, all of these factors contribute to the importance of a dominant design in a market.