Once a Product Becomes Established, Network Externalities May Create ________

question 91

Multiple Choice

Once a product becomes established, network externalities may create ________ costs that make consumers reluctant to buy a new product with better technology.

• A)external
• B)implicit
• C)switching
• D)marginal

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Definitions:

Rehearsal

A cognitive process involving the repeated review or practice of information to aid in its retention in memory.

Self-Awareness

Understanding of one's personal attributes, feelings, driving forces, and aspirations.

Comprehension

The ability to understand and process language or information, grasping the meaning of text, speech, symbols, or behavior.

Phonology

The branch of linguistics concerned with the systematic organization of sounds in languages.