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2. What are network effects? Think about the kinds of technology products that you own, or websites you use, that are subject to network effects.

2. What are network effects? Think about the kinds of technology products that you own, or websites you use, that are subject to network effects. What sorts of exchange do these products leverage (e.g., information, money, software, or other media)? Give several concrete examples and explain them as clearly as you can in your own word.

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