Multiple Choice
When a consumer joins a network, she generates a(n)
A) private benefit only.
B) private benefit and an external benefit equal to the vertical distance between the private demand curve and the social demand curve.
C) private benefit and an external benefit equal to the horizontal distance between the private demand curve and the social demand curve.
D) external benefit only.
Correct Answer:

Verified
Correct Answer:
Verified
Q22: If a musical artist wants to generate
Q23: Which statement is NOT true?<br>A) A network
Q24: The market leader in a network industry
Q25: The reason someone can open a text
Q26: The critical mass for a network good
Q28: (Figure: Market for a Network Good 2)
Q29: One example of peak-load pricing is when
Q30: Network goods are usually provided by a
Q31: The network effect works in reverse if
Q32: The speed by which a network good