Which of the Following Refers to the Increase in the Usefulness

question 52

Multiple Choice

Which of the following refers to the increase in the usefulness of a product as the number of consumers who use it increases?

• A)positive externalities
• B)network externalities
• C)external marginal utility
• D)the impact of celebrity endorsements

---

Definitions:

Late Adulthood

A stage in human development that typically begins at age 65 and lasts until death, characterized by retirement, physical changes, and adjustments to social roles.

Loss Of Control

A situation where an individual feels they no longer have power or command over certain behaviors or emotions, often linked to psychological conditions.

Adaptation-Level Phenomenon

A psychological principle suggesting that individuals adapt to new stimuli or changes over time, altering their standard of normality.

Personal Control

The extent to which individuals believe they have power over events in their lives through their own actions.