Direct Network Externalities Exist If Product Sales Are Dependent On

question 29

Multiple Choice

Direct network externalities exist if product sales are dependent on:

• A) sales of complementary products.
• B) sales of competitive products.
• C) the number of people that have adopted the product.
• D) the primary demand for other older products.

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Definitions:

Necessary Repairs

Essential maintenance or fixes required to restore an item, property, or infrastructure to a functional or safe state.

Known Unsafe Conditions

Situations or environments that have been recognized as hazardous and could potentially cause harm or injury.

Constructive Trust

An equitable remedy imposed by a court to prevent unjust enrichment, treating the holder of property as if they were a trustee of it for the benefit of another.

Lakeside Lot

A piece of land located adjacent to, or in close proximity to, a lake.