Seventy-nine percent of U.S. households watched the series finale of MAS*H , o

ID: 1193454 • Letter: S

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Seventy-nine percent of U.S. households watched the series finale of M*A*S*H, on February 28, 1983. Although this television event was an experience made slightly more valuable because it was commonly shared, it is unlikely to be repeated on the same scale because of the expansion of cable television and the Internet. If M*A*S*H was a network good, based on the information provided, which of the following has the most explanatory power for why TV shows lose so much networking power?
1)The benefits of the network became less than the benefit of watching something a person truly enjoyed.

2)There are now few legal barriers to entry.

3)Consumers were then willing to entertain competitive goods.

4)The incumbents lost their hard-to-replicate resource.
i answerd 3 but it is wrong Seventy-nine percent of U.S. households watched the series finale of M*A*S*H, on February 28, 1983. Although this television event was an experience made slightly more valuable because it was commonly shared, it is unlikely to be repeated on the same scale because of the expansion of cable television and the Internet. If M*A*S*H was a network good, based on the information provided, which of the following has the most explanatory power for why TV shows lose so much networking power?
1)The benefits of the network became less than the benefit of watching something a person truly enjoyed.

2)There are now few legal barriers to entry.

3)Consumers were then willing to entertain competitive goods.

4)The incumbents lost their hard-to-replicate resource.
i answerd 3 but it is wrong

Explanation / Answer

Answer- 3) Consumers were then willing to entertain competitive goods

I select this answer because When we changed the Tv shows which means that it will be increased competiton. When our people want to see the same shows becuase they are enjoy that shows. Even if they changed the channels which means they have get another shows. It will increase network competion. If they are changed then they are willing to entertain competitive goods.

You can also check option 1

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Seventy-nine percent of U.S. households watched the series finale of M*A*S*H , o

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Seventy-nine percent of U.S. households watched the series finale of MAS*H , o