"Network effects" refers to

a. situations in which a product becomes less valuable the more common it becomes in the network.
b. situations in which a product becomes less valuable once many other people also use it.
c. situations in which a product becomes less available to its original consumers once it is adopted by a network.
d. situations in which a product becomes more valuable once many other people also use it.
e. situations in which a product becomes more available to all consumers once it is adopted by a network.


Answer: d

Political Science

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