Network externalities are often:
A) separate from positive feedback.
B) a reason for natural monopolies.
C) less likely to occur in the communications or technology industries than in other industries.
D) not likely to move toward market domination.

Question

Quizplus · Accepted Answer

Network externalities can lead to natural monopolies because the value of a product or service increases as more people use it, creating a positive feedback loop that can result in one firm dominating the market.

Network Externalities Are Often