In the context of network effects, the term "network" refers to either wired or wireless systems that connect computing components.

Question

Quizplus · Accepted Answer

In the context of network effects, the term "network" refers broadly to a group or system of interconnected people or things, not just to physical wired or wireless systems. It encompasses any scenario where users or participants benefit from the size and connectivity of the network, such as social media platforms, online marketplaces, and software ecosystems.

In the Context of Network Effects, the Term "Network" Refers