Which of the Following Statements About Network Goods Is TRUE

question 3

Multiple Choice

Which of the following statements about network goods is TRUE?

• A) They are goods that are usually sold by large firms with a great deal of market power.
• B) They are goods that tend to have a large number of users or consumers.
• C) They are goods whose value to one consumer increases the greater the total number of consumers.
• D) All of the answers are correct.

---

Definitions:

Attribute

Each characteristic or quality of a particular entity.

Particular Entity

A specific thing or being, especially one that is distinct among other similar entities.

Foreign Key

A field (or group of fields) in one table that uniquely identifies a row (or record) of another table.

Class Table: PID

A data table in a database or information system that organizes information based on a primary identification key, often found in object-oriented programming and database management.