Examlex
Which of the following products benefits from network externalities?
Elasticity
A measure of how much the quantity demanded or supplied of a good changes in response to a change in price or other economic variable.
Buyer
A person or entity that purchases goods or services from another in exchange for money.
Tax
A non-optional financial assessment or alternate form of contribution demanded from a taxpayer by a governmental administration for the purpose of allocating funds for government usage and various public expenditure needs.
Market Period
A very short period of time in which the supply of a good is fixed, typically because the time frame is too short to alter production.
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