Network Externalities Exist When a Good's Value to the Consumer

question 230

Multiple Choice

Network externalities exist when a good's value to the consumer rises as:

• A)the number of people who use the good increases.
• B)the number of people who use the good decreases.
• C)the number of people who use the good remains constant.
• D)technology improves.

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Definitions:

Liquid Aspirin

Aspirin in a liquid form, used for its pain-relieving, fever-reducing, and anti-inflammatory properties; often easier to digest than the solid form.

Crushed Chewable

A form of medication designed to be easily crushed for consumption or chewed before swallowing.

Gastric Residual

The volume of food and liquid remaining in the stomach after a set period of digestion, often checked before administering further enteral nutrition.

Nasogastric Tube

A flexible tube that is inserted through the nose into the stomach for feeding or medication delivery.