Which of the Following Statements Holds True of Network Effects

Multiple Choice

Which of the following statements holds true of network effects?

A) It refers to a collection of resources available for access over the Internet.
B) It refers to adapting products and services for different languages and regional differences.
C) It refers to a situation when the value of a product or service increases as the number of its users expands.
D) It refers to a situation when others take advantage of a user or a service without providing any kind of reciprocal benefit.
E) It refers to a closed network or a single set of services controlled by one dominant firm.