In network economics, the value of a commercial software vendor's software products:
A)increases as more people use them.
B)decreases as more people use them.
C)increases due to higher marginal gain in output.
D)decreases according to the law of diminishing returns.

Question

Quizplus · Accepted Answer

In network economics, the value of a commercial software vendor's software products increases as more people use them due to network effects. As more people use the software, the network effect leads to increased benefits and marginal gain in output for each user, thus increasing the value of the software.

In Network Economics, the Value of a Commercial Software Vendor's