Problem
A. What are "network effects"? Define the term and briefly explain the relevance they hold in an economic context.
B. Explain the difference between a one-sided market and a two-sided market. Provide an example of one-sided and two-sided market.
C. List and briefly discuss 2-3 current concerns that are limiting the adoption of cryptocurrencies.
D. What are the characteristics of disruptive technologies? Give an example of disruptive technology
E. How does Amazon warehouse staff know where to find items? How does technology help make the process most efficient?
F. What is the cash conversion cycle (CCC) and what factors enable Amazon to have a cash conversion cycle that is negative? Why is it hard for rivals to generate negative CCC?