A Network Externality Is

question 51

Multiple Choice

A network externality is:

• A)the effect that an additional user of a good or participant in an activity has on the value of that good or activity for others.
• B)directly on an economic decision maker.
• C)indirectly on an economic decision maker.
• D)without compensation on someone other than the person who caused it.

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Definitions:

Central Nervous System

The complex of nerve tissues that controls the activities of the body, principally consisting of the brain and spinal cord.

Retarded Fetal Growth

Slower than typical growth and development of a fetus during pregnancy, potentially leading to various health issues.

Premature Death

Dying earlier than the statistically expected age, often due to factors like disease or accidents.

Teratogenic Agents

Substances that can cause developmental malformations (birth defects) in an embryo or fetus when exposed during pregnancy.