Switching Costs Make It Less Likely That the Consumer of a Network

question 7

Multiple Choice

Switching costs make it less likely that the consumer of a network good will shift to a different company's product. This is called the __________ effect.

• A)lock-in
• B)system
• C)Internet
• D)compression

---

Definitions:

Haploid Stage

A phase in the life cycle of an organism where its cells contain only one set of chromosomes, typical of gametes.

Gamete

A mature haploid male or female germ cell which is able to unite with another of the opposite sex in sexual reproduction to form a zygote.

Spermatogenesis

The process by which male spermatozoa are produced, involving meiosis and subsequent maturation.

Oogenesis

Production of eggs in females by the process of meiosis and maturation.