An Example of a Good That Creates a Positive Network

question 55

Multiple Choice

An example of a good that creates a positive network externality is:

• A) the telephone.
• B) social network websites (e.g. Facebook).
• C) a workers' union.
• D) All of these are examples of good that create positive network externalities.

Recognize the purpose and outcomes of North American Agreement on Labor Cooperation (NAALC) and the impacts of NAFTA on labor.

Understand the barriers and opportunities for transnational labor collaboration.

Understand the concept and mechanisms of international trade and financial flows.

Analyze the challenges and enforcement issues related to corporate codes of conduct.

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Definitions:

P-value

The probability of obtaining test results at least as extreme as the ones observed, assuming the null hypothesis is true.

Statistical Table

A table that displays data in a structured format, often used to summarize and present statistical results.

Restaurant Types

Categories of dining establishments distinguished by factors such as cuisine, service style, pricing, and ambiance.

P-value

A statistical measure that helps scientists determine the significance of their data relative to a specified hypothesis, indicating the probability of observing the given result by chance.