Multiple Choice
Which of the following refers to the increase in the usefulness of a product as the number of consumers who use it increases?
A) positive externalities
B) network externalities
C) external marginal utility
D) the impact of celebrity endorsements
Correct Answer:

Verified
Correct Answer:
Verified
Q47: What is behavioral economics?<br>A)the study of how
Q48: Which of the following statements is false?<br>A)There
Q49: Figure 10-7<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 10-7
Q50: If Paul decides to buy a $60
Q51: Table 10-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 10-2
Q53: Table 10-7<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 10-7
Q54: Figure 10-7<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 10-7
Q55: The demand curve for an inferior good
Q56: If a consumer always buys goods rationally,
Q57: Which of the following is an experiment