When a Product or Service Is Used by Everyone in the Market

question 82

Multiple Choice

When a product or service is used by everyone in the market and all users benefit from having access to other users , this is an example of:

• A) network economies
• B) web economies
• C) network diseconomies
• D) net economies

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Definitions:

Captivity

The condition of being imprisoned or confined, often involving the loss of personal freedom and autonomy.

Experiencing Avoidance

Actively steering clear of thoughts, feelings, or situations that are reminders of a traumatic event, often seen in individuals with PTSD.

Posttraumatic Stress Disorder

A mental health disorder triggered by experiencing or witnessing a terrifying event, characterized by flashbacks, nightmares, and severe anxiety.

Diagnostic Criterion

Specific guidelines and characteristics used to make a formal diagnosis of mental disorders or medical conditions.