Web 20 Relies on the Idea That the Value of a a Product

question 23

Multiple Choice

Web 2.0 relies on the idea that the value of a product or service increases as more people use it.This concept is called what?

• A) Network consolidation
• B) Network effects
• C) Internet strategy
• D) Accelerated technological change

---

Definitions:

N Th Partial

Relates to the nth term in a sequence, often used in the context of partial sums.

N Th

Pertaining to an unspecified member of a sequence or series, representing a general or particular position.

Geometric Sequence

A series of numbers in which each subsequent term is derived by multiplying the term before it by a constant, non-zero figure referred to as the ratio.

Population

In statistics, population refers to the entire group of individuals or items that a study intends to investigate or draw conclusions from.