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Managerial Economics · End Term · 13 Sept 2026 · May 2026 term · Set 1

Managerial Economics End Term 13 Sept 2026 — Question 32

Question 32

+1 markOne correct option

Select the option that describes an indirect network effect

  1. A

    The value of a product or service increases for one group of users as the number of users on a complementary platform increases.

  2. B

    The value of a product or service increases for an individual user as more people adopt the same product or service

  3. C

    A product is advertised through a television advertisement

  4. D

    A product is advertised on social media

Show answer

Correct answer

  • A

    The value of a product or service increases for one group of users as the number of users on a complementary platform increases.

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Question 32 of 37 in the IIT Madras BS Managerial Economics (Managerial Economics) End Term paper sat on 13 Sept 2026, in the May 2026 term (Managerial Economics 13 Sep 26 (Session 2)). It carries 1 mark.

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