A Network Externality Can Be Said to Exist When

question 37

Multiple Choice

A network externality can be said to exist when:

• A)a recording artist appears on a popular TV show leading to an increase in popularity and record sales; this is called the "snob effect".
• B)a recording artist appears on a popular TV show leading to an increase in popularity and record sales; this is called the "bandwagon effect".
• C)many people try to access the internet at the same time leading to a system crash.
• D)two television networks decide to merge.

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Definitions:

Biologically Determined

Traits or characteristics that are influenced by genetic or physiological factors.

Body Mass Index

A measurement derived from a person's height and weight, used to categorize underweight, normal weight, overweight, and obesity.

Extremely Thin

Having a significantly low body weight or body mass index, often related to health issues or dietary habits.

Set-Point Concept

The idea that physiological systems regulate variables at a specific set level, maintaining homeostasis.