How is value created in networks?
A) Value is a function of scarcity of connected nodes
B) Value is a function of the number of connected nodes
C) Value is a function of the number of high-tech devices in the network
D) Value depends on the kinds of users in the networks
E) Value is a function of bandwidth and capital investment

Question

Quizplus · Accepted Answer

Value in networks is often created by the number of connected nodes, as described by Metcalfe's Law, which states that the value of a network is proportional to the square of the number of its users.

How Is Value Created in Networks