Question: Which statement best describes an implicit network effect in a two - sided market? Developers intentionally attract consumers through specific interactions. Users do not intend

Which statement best describes an implicit network effect in a two-sided market?
Developers intentionally attract consumers through specific interactions.
Users do not intend to interact with any specific individual but find a general class of partners.
Users knowingly create value for other users through recommender systems.
Service providers and consumers engage through explicit connections.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Programming Questions!