How Does a Network Externality Serve as a Barrier to Entry

question 121

Essay

How does a network externality serve as a barrier to entry? Is this barrier surmountable? Explain.

---

Definitions:

Purge

The act of forcibly removing something or someone, often used in the context of cleansing or purification.

Persecution Delusion

A mental condition where the affected person falsely believes that they are being mistreated, harassed, or targeted by others.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.

Mystical

Pertaining to or involving a spiritual or esoteric experience that goes beyond the ordinary understanding or explanation.