What Is the Term That Refers to Increases in the Value

question 111

Multiple Choice

What is the term that refers to increases in the value of a product to each user,including existing users,as the total number of users increases?

• A) Income transfer
• B) Price discrimination
• C) Simultaneous consumption
• D) Network effects

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Definitions:

Networks

Complex systems of interconnected individuals, computers, or organizations.

Formal Organizations

Are secondary groups designed to achieve explicit objectives.

Inconspicuous Level

A state or condition not clearly visible or attracting attention, often due to subtlety or understatement.

Best Chance

The most favorable or advantageous opportunity or possibility to achieve success or a desired outcome.