Question: Network Effects: Question 4 options: A.Do not result in market dominance that results in a monopoly-like hold on markets. B. When the value of a

Network Effects: Question 4 options:

A.Do not result in market dominance that results in a monopoly-like hold on markets.

B. When the value of a product or service increases as the number of users decreases.

C. Seldom influenced by switching costs.

D. Also known as "Metcalfe's Law" or "Network Externalities".

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