Your friend sells specialty coffee on her website, and she tells you she would not have succeeded without her strong relationships with small farmers in South America. A sociologist might say that this is an example of how economic action is social relationships.

As the inventor of hypertension medication, onesure pharmaceuticals (osp) inc. was able to reap the benefits of economies of scale due to a large consumer demand for the drug. even when competitors later developed similar drugs after the expiry of osp's patents, regular users did not want to switch because they were concerned about possible side effects. which of the following benefits does this scenario best illustrate? a. first-mover advantages b. social benefits c. network externalities d. fringe benefits