Multiple Choice
The market for social-networking website services is characterized by network externalities because
A) the less other people are using the website,the more any one person enjoys it.
B) the number of other people using the website has no effect on any one person's enjoyment of it.
C) the more other people are using the website,the more any one person enjoys it.
D) a person needs a computer network to access a social-networking website.
E) people are less likely to be hired by an employer if they use social-networking websites.
Correct Answer:
Verified
Correct Answer:
Verified
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