A network good is one where the _____ number of other users of the good.
A) cost to the user rises if there is a large
B) benefit to the user falls if there is a large
C) cost to the user falls if there is a small
D) benefit to the user rises if there is a large

Question

Quizplus · Accepted Answer

Network goods are characterized by the phenomenon where the value or benefit of the product to its users increases as the number of users increases. This is often due to the network effects, where the utility of a product or service increases with the number of other people using it. Examples include social media platforms, telecommunication services, and the internet.

A Network Good Is One Where the _____ Number of Other