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Increasing returns to adoption imply that technology trajectories are characterized by _____, meaning that relatively small historical events may have a great impact on the final outcome.

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Nyctalus

Answer: Path dependency

Explanation: Path dependency refers to the study of knowing the influence of past events and circumstances on the current decision making of an individual. It is used in economic and law and is based in the concept that history matters in the present.

This states that one will face the same problem from the past if it persist to change.

Thus, we can conclude that the correct answer is path dependency.

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