Question

Network economics Select one: A. applies the law of diminishing returns to communities of users. B. balances the high cost of adding new members to a community against the lower cost of using network infrastructure. C. sees the cost of adding new members as inconsequential. D. applies traditional economics to networked usersh

Answer 1

Answer:

C. sees the cost of adding new members as inconsequential

Explanation:

Network Economics is a situation where a business accrues benefits through feedback that is provided by the who use the businesses product or service. It is a product of the network effect, an increase in the value of a good or service increases as the number of buyers or subscribers goes up.