____ occurs when a consumer's quantity demanded for a good increases because a ____ number of consumers purchase the same good.

Name: ____ occurs when a consumer's quantity demanded for a good increases because a ____ number of consumers purchase the same good.
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Question

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A positive network externality occurs when the value a consumer places on a good increases as more people use it. This leads to an increase in the quantity demanded for the good when a greater number of consumers purchase it.

____ Occurs When a Consumer's Quantity Demanded for a Good