Multiple Choice
A network externality can be said to exist when:
A) a recording artist appears on a popular TV show leading to an increase in popularity and record sales; this is called the "snob effect".
B) a recording artist appears on a popular TV show leading to an increase in popularity and record sales; this is called the "bandwagon effect".
C) many people try to access the internet at the same time leading to a system crash.
D) two television networks decide to merge.
Correct Answer:
Verified
Correct Answer:
Verified
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