Where They Exist, Network Externalities Are Critical Phenomena Because

question 39

Multiple Choice

Where they exist, network externalities are critical phenomena because

• A)they create positive feedback which often leads to a winner-takes-all situation.
• B)they create a winner-takes-all situation which is unfair from a competition standpoint.
• C)technological innovations tend to be resilient.
• D)governments are more and more concerned with supporting networks.

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Definitions:

Constructive Way

A manner of approaching situations or problems that is positive, effective, and aimed at building or improving something.

Roadblocks

Obstacles or barriers that hinder progress in achieving a goal or completing a project.

Entrepreneur

A person who organizes, manages, and assumes the risks of a business or enterprise, often innovating and driving economic growth.

Creativity

The ability to generate new ideas, solutions, or artistic expressions, which can lead to novel and valuable outcomes.