Network Externalities Arise NOT Just When Users Are Linked on a Network

question 66

Multiple Choice

Network externalities arise NOT just when users are linked on a network but also when

• A)much value is gained from compatibility with associated ancillary products and services.
• B)downstream costs of switching from a failed alternative candidate standard are high.
• C)there are clear price and availability advantages to buying the market leader's product.
• D)all of the above.

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Definitions:

Public Mental Hospitals

Government-funded institutions that provide psychiatric care and treatment for individuals with mental illnesses.

1950s

A decade characterized by post-World War II recovery, the beginning of the Cold War, cultural conservatism, and significant technological and scientific advancements.

Counselling

A professional guidance process in which a trained individual helps another person to address personal, social, or psychological challenges.

Therapist Sex

The gender of a therapist, which can influence the dynamics of the therapeutic relationship or the preferences of clients.