Which of the Following Statements About Network Economics Is Not

question 43

Multiple Choice

Which of the following statements about network economics is not true?

• A)Uber is an example of a business model that is based on the principle of network economics.
• B)The law of diminishing returns does not always apply to every situation.
• C)From a network economics perspective,the value of a community of people grows as the number of participants in the community increases.
• D)Information technology can be strategically useful from a network economics perspective.
• E)In network economics,the marginal cost of adding new members to the network is higher than the marginal gain.

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Definitions:

Accomplish Tasks

Completing specific activities or objectives successfully.

Accounting Number Style

A formatting style used in accounting to display numbers, typically incorporating commas for thousands and decimal points for cents.

Floating Dollar Sign

In financial statements, an indicator used to designate currency amounts, typically positioned close to the number without any spaces.

Percent Style Button

A feature in software, like spreadsheet programs, that formats the selected cells to display values as percentages.