(Figure: Externalities and Network Effects) the Graph Depicts the Market

question 272

Essay

(Figure: Externalities and Network Effects) The graph depicts the market for a network good. Describe the effects, including shifts in supply and/or demand and changes in quantity, of a consumer leaving this network.

---

Definitions:

Motivation

The internal process that activates, guides, and maintains behavior towards achieving a goal.

Intrinsic Motivation

The drive to engage in activities for their own sake, deriving pleasure and satisfaction from the activities themselves, rather than from external rewards.

Salovey And Mayer's Model

A pioneering model of emotional intelligence that emphasizes the ability to process emotional information and use it to navigate the social environment.

Emotional Intelligence

The ability to recognize, understand, and manage one's own emotions and the emotions of others, facilitating effective communication and harmonious relationships.