All of the Following Are Good Examples of Network Externalities

question 8

Multiple Choice

All of the following are good examples of network externalities except:

• A) Facebook.
• B) cigarettes.
• C) computer software.
• D) the Internet.

Comprehend the effects of complementary and substitute goods on market dynamics.

Analyze the impact of external factors such as technology, income, and consumer preferences on market equilibrium.

Grasp the principles of excess supply (surplus) and excess demand (shortage) and how they lead to adjustments in market prices.

Recognize the role of production costs and factor inputs on the supply side of the market.