Network Externalities Are Fueled by Three Sources

question 81

Multiple Choice

Network externalities are fueled by three sources:

• A)Minimizing switching costs, the existence of a natural network in an industry, and the availability of complementary products or services
• B)The existence of a natural network, the extent to which the government allows firms in an industry to externalize their costs, and the level of innovation in this industry
• C)The availability of complementary products or services, the importance of barriers to entry, and the level of innovation in an industry
• D)The level of innovation in an industry, the nature of the fundamental knowledge involved in this industry, and the availability of complementary products or services

---

Definitions:

Land Ecoregions

Distinct biological communities that share similar environmental conditions, flora, and fauna, defined for areas on land.

Organization

A structured group of people or entities that work together to achieve a specific purpose or set of objectives.

Ozone Layer

A layer in the Earth's stratosphere that contains a high concentration of ozone, which absorbs most of the sun's harmful ultraviolet radiation.

Living Organisms

Entities that exhibit characteristics of life, such as growth, reproduction, and response to stimuli.