Network Externalities Are Often

question 132

Multiple Choice

Network externalities are often:

• A)separate from positive feedback.
• B)a reason for natural monopolies.
• C)less likely to occur in the communications or technology industries than they are in other industries.
• D)not likely to move toward market domination.

---

Definitions:

Finishing Department

The last stage in the manufacturing process where products are completed, inspected, and prepared for sale or distribution.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead costs to individual units of production, based on a chosen activity base.

Direct Labor-Hours

The total hours worked by employees who are directly involved in the production process, used as a basis for assigning labor costs to products.

Machine-Hours

A measure of production time, quantified in hours, that machinery is operating to perform work.