Regarding de facto standards, a "tipping point" is when
A)a certain threshold of market share is reached, beyond which it just keeps rising irreversibly.
B)the market losers basically have to "tip" their excess product away.
C)it's as though the market losers "tip" their market shares into the winners bag.
D)customers finally realise who has the best product.

Question

Quizplus · Accepted Answer

A "tipping point" in de facto standards occurs when a certain threshold of market share is reached, beyond which the standard keeps rising irreversibly. This is because as more and more people adopt the standard, it becomes more convenient for others to also adopt it, creating a network effect.

Regarding De Facto Standards, a "Tipping Point" Is When