"Network Externalities" Refer To

Multiple Choice

"Network externalities" refer to:

A) The benefits that firms derive from using social networks (such as Facebook and Google+) in their marketing
B) The value that the user of a product derives from the number of other users of the same product
C) The costs and benefits that are borne by or received by society as a result of the actions of a business enterprise
D) The consequences of platform-based competition