The effect that an additional user of a good or participant in an activity has on the value of that good or activity for others is called a _______ externality.
A)network
B)social
C)negative
D)private

Question

Quizplus · Accepted Answer

Network externality refers to the effect that an additional user of a good or participant in an activity has on the value of that good or activity for others, often increasing the value as more people participate.

The Effect That an Additional User of a Good or Participant