Network Externalities Exist When

question 46

Multiple Choice

Network externalities exist when

• A)the value of a product for a customer lies in how many others he can connect to.
• B)the value of a product for a customer depends significantly on the number of other users of the same product.
• C)there are large benefits to other customers.
• D)there are huge drawbacks for other customers.

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Definitions:

Ounces

A unit of weight used primarily in the United States, part of the imperial and US customary systems, equivalent to 28.35 grams.

Gold

a dense, malleable, yellow precious metal that is often used in jewelry, currency, and as an investment.

Earrings

Jewelry worn on the earlobes or other parts of the ear, often decorative and made from various materials like metal, stones, or beads.

Ounces

A unit of weight in the avoirdupois (approximately 28.35 grams) or troy (approximately 31.10 grams) systems.