A Network Externality Refers to a Situation in Which the Usefulness

question 108

True/False

A network externality refers to a situation in which the usefulness of a product decreases with the number of consumers who use it.

---

Definitions:

Epithelial Cell

Cells covering the outside of the body and lining organs and cavities within the body, serving as a barrier and interface for substance exchange.

Muscle Cell

A cell that makes up the muscle tissue, characterized by its ability to contract, thus producing movement.

Neuron

A specialized cell transmitting nerve impulses; a nerve cell.

Fibrocartilage

A tough, dense type of cartilage that provides substantial support and withstands heavy pressure.