Multiple Choice
How does a network externality differ from a traditional positive externality?
A) The person creating a network externality gains from the external benefit generated.
B) The person creating a traditional positive externality gains from the external benefit.
C) The external benefit from a network externality does not increase the value of the network.
D) The external benefit from a traditional positive externality generates even more demand for the good.
Correct Answer:
Verified
Correct Answer:
Verified
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