Which is the best example of a network good?
A) social media sites
B) laptop computers
C) automobiles
D) cable television

Question

Quizplus · Accepted Answer

A network good is one that becomes more valuable as more people use it. Social media sites like Facebook and Twitter are good examples of network goods, as they become more useful and engaging as more people use them and contribute content. The more users a social media platform has, the more opportunities there are for connections, conversations, and sharing. This creates a positive feedback loop that reinforces the value of the network good. Laptops, automobiles, and cable television do not exhibit the same network effects as social media sites, making them less suitable examples of network goods.

Which Is the Best Example of a Network Good