List Three Examples of Products for Which There Are Significant

question 5

Essay

List three examples of products for which there are significant network externalities.Explain why you believe network externalities are present in each case.

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Definitions:

Oral Stage

The first stage in Freud's psychosexual development, where an infant's pleasure centers on the mouth.

Psychosexual Development

A Freudian theory that proposes human personality development occurs in five stages (oral, anal, phallic, latency, and genital) from infancy to adulthood, centered on the libido's focus.

Overeat

The consumption of food in quantities greater than the body's physical need, often leading to discomfort, weight gain, and health issues.

Anal Expulsive

A psychoanalytic concept suggesting a personality type that results from a child's experience during the anal stage of psychosexual development, often associated with messiness or disorganization.