Which of the following is a good or service that exhibits a positive network externality?
A) A telephone
B) A social network website
C) A workers' union
D) All of these are goods or services that create positive network externalities.
Correct Answer:
Verified
Q14: The effect that an additional user of
Q15: When we add private benefits and external
Q16: A positive externality is a(n):
A)external benefit.
B)external cost
Q17: Which of the following is a good
Q18: Social costs are:
A)private costs plus external costs.
B)network
Q20: Private benefits accrue:
A)indirectly to the decision maker
Q21: When a negative externality is present in
Q22: The graph shown displays a market with
Q23: A market with a negative externality has
Q24: When a negative production externality is present
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