1. What is a network effect, and why is it valuable? 2. Discuss the ways in which the early years of

1. What is a network effect, and why is it
valuable?

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2. Discuss the ways in which the early
years of e-commerce can be considered both a success and a failure.

3. What are five of the major differences
between the early years of e-commerce and today’s e-commerce?

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