Which of the Following Is Used to Explain Why a Consumer's

question 1

Multiple Choice

Which of the following is used to explain why a consumer's willingness to buy Microsoft Office increases as the number of other people who use Microsoft Office increases?

• A)network externalities
• B)market failure
• C)diminishing marginal utility
• D)the income effect of a price change

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Definitions:

Facial Feedback Hypothesis

This theory suggests that facial movements can influence emotional experience. For example, smiling can make you feel happier.

Anger

An emotional state that ranges from mild irritation to strong rage, often triggered by perceived wrongs or frustration.

Positive Feelings

Emotions that create a sense of well-being, happiness, or satisfaction.

Thalamus

A structure in the brain that acts as a relay station, processing and transmitting sensory and motor signals to and from the cerebral cortex.