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:

Marriage

A legally and socially sanctioned union, usually between two people, that is regulated by laws, norms, and customs.

Battering

Physical abuse or violence, often occurring within a domestic setting, targeted at a partner or close individual.

Physical Abuse

The infliction of bodily injury upon a person through forceful, violent, or aggressive behavior.

Emotional Abuse

A form of abuse characterized by a person subjecting or exposing another to behavior that may result in psychological trauma, including anxiety, chronic depression, or post-traumatic stress disorder.