Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. economics
  3. explain how the value of a social media network in

Explain how the value of a social media network increases with the number of connections. Apply...

80.2K

Verified Solution

Question

Economics

Explain how the value of a social media network increases withthe number of connections. Apply concept to explain why Facebook orGoogle often purchase new, unprofitable startup social mediacompanies for billions of dollars.

Answer & Explanation Solved by verified expert
3.9 Ratings (534 Votes)
Social media networking has become the most common form of communication used by a large number of peoplethis network leads to an improved experience when more number people participate for eg when more number of people post content on twitter such as links and mediathe more useful will be the platform provided that more number of people have acess to    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Economics
1.2K views

What do you understand of Command and Control policies for pollution abatement? Given the current problem...

Physics
1.2K views

Please write 3 paragraphs on the following topic: Piezoelectric crystals and how they function in the...

Mechanical Engineering
1.2K views

2 kg/s of steam enters a turbine operating at steady state at 1 MPa, 200oC and...

Accounting
1.2K views

On December 31, year 0, your company bought a delivery truck for $45,000. The expected useful...

Calculus
1.2K views

2 For the function f x x 36 find t x Then find f 0...

Algebra
1.2K views

Perform the operation below Enter your answer as a complex number in standard form 2...

Accounting
1.2K views

Macier Company completed the salary and wage payroll for March. The payroll...

Accounting
1.2K views

please show all work periodic method 15. On August...

Accounting
1.2K views

NEED DONE WITHIN AN HOUR PLEASE THANK YOU Prepare...

Accounting
1.2K views

Grants Corporation prepared the following two income statements (simplified for illustrative purposes): During the third...

Accounting
1.2K views

Dybala Corporation's produces and sells a single product. Data concerning that product appear below: ...

Accounting
1.2K views

"Blast it!" said David Wilson, president of Teledex Company. "We've just lost the bid on...