Which of the Following Statements Holds True of Network Effects

question 86

Multiple Choice

Which of the following statements holds true of network effects?

• A) It refers to a collection of resources available for access over the Internet.
• B) It refers to adapting products and services for different languages and regional differences.
• C) It refers to a situation when the value of a product or service increases as the number of its users expands.
• D) It refers to a situation when others take advantage of a user or a service without providing any kind of reciprocal benefit.
• E) It refers to a closed network or a single set of services controlled by one dominant firm.

---

Definitions:

Shaping

A method of training or teaching by which successive approximations towards a desired behavior are reinforced.

Observing Models

The process of learning behaviors, attitudes, and emotional reactions through watching others, especially influential or authority figures.

Consequences

The outcomes or effects that follow from an action, behavior, or decision, influencing future choices and behaviors.

Reinforced Behavior

Behavior that is strengthened and likely to be repeated due to the application of reinforcement.