What is line "F" pointing to in the figure?
Definitions:
Network Externalities
The effect that an additional user of a good or service has on the value of that product to others.
Value Of The Good
The importance, worth, or usefulness of a good to consumers, often reflected in the price they are willing to pay.
Consumer Surplus
The contrast in the overall payment consumers have the willingness and fiscal capability to make for a good or service, compared to the payment they actually make.
Perfectly Price-Discriminating Monopoly
A theoretical market structure in which a monopolist charges each consumer the maximum they are willing to pay, capturing all consumer surplus.
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