Question: Based on class notes, match the definitions below to the appropriate term. A . occurs when the value of using a system positively depends on
Based on class notes, match the definitions below to the appropriate term.
A occurs when the value of using a system positively depends on the number of other system users.
A A positive network extenality
C is generally defined as something that makes it difficult to start a new business in an
Economies of scale industry.
C A barriertoentry
is defined as a reduction in unit average cost achieved by spreading fixed costs over a DA commodity high volume of units.
is defined as something that makes it difficult to change from one provider to a
E A switching cost competing provider of some product or service.
F A digital product is a product that can be delivered over a telecommunications network. is a product that cannot be differentiated eg all units are the same
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