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Author Question: The value of a virtual chat room to an individual user increased as more people started using it. ... (Read 35 times)

Frost2351

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on: Jun 29, 2018
The value of a virtual chat room to an individual user increased as more people started using it. This is an example of a(n) ________.
 
  A) moral hazard
  B) adverse selection
  C) network externality
  D) negative externality

Question 2

The problem of bringing economic agents together to trade is referred to as the:
 
  A) incentive problem.
  B) coordination problem.
  C) correspondence problem.
  D) scarcity problem.


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succesfull

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Frost2351

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

lindahyatt42

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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