What Is a Network Externality

question 193

Multiple Choice

What is a network externality?

• A)It refers to having a network of suppliers and buyers for a good or service.
• B)It refers to lobbying to form a public enterprise.
• C)It refers to a situation in which a product's usefulness increases with the number of people using it.
• D)It refers to a product that requires connection to a network for it to be useful.

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Definitions:

Enuresis

The medical term for involuntary urination, especially by children at night, also known as bedwetting.

Anorexia Nervosa

An eating disorder characterized by an obsessive fear of gaining weight, leading to severe restriction of food intake and often excessive weight loss.

Posterior Pituitary

The back part of the pituitary gland, which releases hormones directly into the bloodstream.

Bulimia

An eating disorder characterized by episodes of binge eating followed by behaviors such as purging to prevent weight gain.