Question

taeshows the uni kistructurecomues22380 gnments/56633 Return 10 3points A network good is a good whose value to one consumer choose your answer.... the more that other consumers use the good. Examples of network goods include communication products such as the telephone or Email, which increases in value to each consumer as more people join the network because this choose your answer.. the uses and possibilities of being able to contact others remotely. Furthermore, the competition in markets of network goods is often characterized as choose your answer... the market because whenever a product becomes the dominant standard within an industry, it becomes used by a large segment of this market. 3 points Network goods are usually sold by choose your answer.. firms with a great deal of market power that allows them to set standards within their industry. Additionally, these firms with high market power can charge higher price the industry has Network goods are unique in that their barriers to entry typically choose your answer... choose your answer.. factors such as large fixed costs or government regulations, but instead arise simply because people find more value in using a good that a large group of people alread

1.value to one consumer: decreases/increases/ remains the same

2.join the network because this increaseses/decreases

3.network goods often categorized as in/for

Answer 1

1. Increases. The value of this type of good/service depends on the number of other people using it.

2. Increases. Naturally as more people begin to use such a good, it increases the possibility of you connecting to all the others using the same good.

3. for

4. Monopolies or oligopolies (not sure as options aren't provided)