Situations in which the more users of a product there are, the more useful the product becomes are:
A)network effects.
B)monopolies.
C)conglomerates.
D)exclusive franchises.

Question

Quizplus · Accepted Answer

Network effects occur when the value of a product or service increases as more people use it. For example, social media platforms like Facebook or Twitter become more useful as more people join and share content, making it more interesting for users.

Situations in Which the More Users of a Product There