Which of the Following Is an Example of a Good

question 29

Multiple Choice

Which of the following is an example of a good with positive network externalities?

• A)A high-end car that has a long waiting list of prospective buyers
• B)A shaving cream that is sold along with a pair of free razor blades.
• C)An online messaging service that only allows registered users to use the service
• D)An all-you-can-eat buffet at a restaurant
• E)A movie screening that requires customers to buy tickets to watch the movie

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Definitions:

Survival

The state or fact of continuing to live or exist, typically in spite of an accident, ordeal, or difficult circumstances.

Genes

Basic units of heredity made up of DNA that determine the characteristics and traits inherited from parents to offspring.

Proteins

Large biomolecules or macromolecules consisting of one or more long chains of amino acid residues, which perform a vast array of functions within organisms.

Physical Development

The biological process of growth and change in the human body over time, including size, shape, and motor skills.