Which of the following occurs when a product becomes more valuable as the number of users increases?
A)Network internality
B)Negative network effect
C)Supply side economies of scale
D)Network externality

Question

Quizplus · Accepted Answer

Network externality occurs when the value of a product increases as more people use it. This creates a positive feedback loop where as more people use the product, it becomes more valuable, attracting even more users.

Which of the Following Occurs When a Product Becomes More