The network demand curve has an upward-sloping segment representing _____ and a downward-sloping segment representing _____ price sensitive.
A) casual users who are less price sensitive; core users who are more
B) casual users who are more quantity sensitive; core users who are more
C) core users who are more price sensitive; core users who are less
D) core users who are less price sensitive; casual users who are more

Question

Quizplus · Accepted Answer

The upward-sloping segment of the network demand curve represents core users who are less price sensitive because they value the product or service highly and are willing to pay more for it. The downward-sloping segment represents casual users who are more price sensitive, as their demand for the product or service decreases with price increases.

The Network Demand Curve Has an Upward-Sloping Segment Representing _____