Network Externalities Exist When a Good's Value to the Consumer

question 230

Multiple Choice

Network externalities exist when a good's value to the consumer rises as:

• A)the number of people who use the good increases.
• B)the number of people who use the good decreases.
• C)the number of people who use the good remains constant.
• D)technology improves.

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Definitions:

Split Personality

A term formerly used to describe a condition in which an individual displays multiple distinct identities or personalities, now more accurately referred to as Dissociative Identity Disorder.

Evgen Bleuler

A Swiss psychiatrist best known for renaming dementia praecox to “schizophrenia,” and for his contributions to the understanding of mental illness.

Sigmund Freud

A pioneering neurologist and the founder of psychoanalysis, known for his theories on the unconscious mind, the development of sexuality, and dream symbolism.

Childlike

Exhibiting qualities traditionally associated with children, such as innocence, naivety, and a sense of wonder.