As the number of people who use Facebook increases, the value of Facebook to its users increases. This is an example of:
A) platform externalities.
B) platform economics.
C) network efficiencies.
D) network externalities.
Correct Answer:
Verified
Q137: Refer to the graph shown of average
Q138: If there were no barriers to entry:
A)
Q139: Refer to the graph shown. If this
Q140: Refer to the graph shown. If this
Q141: eBay.com dominates the online auction business because
Q143: When you use a service like Facebook
Q144: As network externalities broaden the use of
Q145: Platform businesses are firms that:
A) facilitate interaction
Q146: Platform monopolies:
A) create efficiencies in production.
B) increase
Q147: Monopolies that exist because economies of scale
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