In the absence of network effects, the value of a product or service increases as the number of users grows.

Name: In the absence of network effects, the value of a product or service increases as the number of users grows.
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

Without network effects, the value of a product or service does not inherently increase as the number of users grows; the value is more directly tied to the product's inherent qualities, features, and utility rather than its user base size.

In the Absence of Network Effects, the Value of a Product