Network Externalities Lead to Positive Feedback, So That Products Tend

question 31

True/False

Network externalities lead to positive feedback, so that products tend to rapidly coalesce to an industry standard.

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Definitions:

Propensity

An inclination or natural tendency to behave in a certain way.

Blood Relative

A person who shares an ancestor with another, indicating a family connection by birth rather than marriage.

Addictive Parent

A term drawing attention to the challenges and dynamics within families where one or more parents have substance abuse issues.

Methamphetamine

A powerful, highly addictive stimulant that affects the central nervous system.