Which Statement Is TRUE with Regards to Network Goods

question 265

Multiple Choice

Which statement is TRUE with regards to network goods?

• A) The market leader for a network good is always the best quality product available.
• B) Changes in market share for network goods are usually very slow.
• C) It is possible that a market leader for a network good can quickly descend into a vicious cycle.
• D) Market leaders for network goods usually remain in their top spots for at least a decade.

---

Definitions:

Two-tailed Test

A two-tailed test is a statistical test in which the area of interest is in both tails of the probability distribution, allowing for the testing of both directions of an effect.

Null Hypothesis

A default hypothesis that there is no significant difference or effect, typically tested against an alternative hypothesis in statistical analysis.

Equality

The state or quality of being equal, especially in status, rights, and opportunities.

Population Variances

A measure of the dispersion of a set of data points in a population data set.