Network Economics.

a. applies the law of diminishing returns to communities of users.

b. applies traditional economics to networked users.

c. sees the cost of adding new members as inconsequential.

d. balances the high cost of adding new members to a community against the lower cost of using network infrastructure.

Question

Business

Elias Cooper

10 December, 12:42

Network Economics.

a. applies the law of diminishing returns to communities of users.

b. applies traditional economics to networked users.

c. sees the cost of adding new members as inconsequential.

d. balances the high cost of adding new members to a community against the lower cost of using network infrastructure.

+3

Answers (1)

Know the Answer?

Rory Wilson · Answer 1

C, sees te cost of adding new members as inconsequential.

Explanation:

Network economics deals with the situation in which a business will benefit through feedback from its consumers that uses its goods and services. This comes with evolvement of the business depending on how much services it can offer to its consumers.

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