This situation reiterates the belief that network effects are a key to success.
A network effect is a phenomena in which the value or utility derived by a consumer from a good or service is proportional to the number of customers of similar goods.
The Network Effect is platform becomes more useful as its total computing power increases.
The network effect is a phenomena in which the value of a commodity or service increases as the number of persons or participants increases. However, as more people gained access to the Internet, more material, information, and services were created.
In Other Word , The network effect is a phenomenon that explains that the number of users can increase or decrease the value of a system. The best example of the network effect is the internet and E-commerce websites. At first, there were hardly any clients yet with time, the estimation of web expanded because of increase in several clients.
Therefore, we can conclude that the correct option is C.
Your question is incomplete, but most probably your full question was:
Less popular open source products are not likely to attract the community of users and contributors necessary to help improve these products over time. This situation reiterates the belief that _____ are a key to success.
A. proprietary products
B. brand strategies
C. network effects
D. technology expenses
E. advertising campaigns
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