Once a Product Becomes Established, Network Externalities May Create ________

question 91

Multiple Choice

Once a product becomes established, network externalities may create ________ costs that make consumers reluctant to buy a new product with better technology.

• A)external
• B)implicit
• C)switching
• D)marginal

---

Definitions:

Chemical Dependency Problem

A condition characterized by the compulsive use of chemicals (such as drugs or alcohol) and the inability to stop using them despite harmful consequences.

Employee Assistance Programs

Services offered by employers to help employees deal with personal problems that might adversely impact their work performance, health, and well-being.

Defined-Benefit Plan

A pension plan in which the amount an employee is to receive on retirement is specifically set forth