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According to Metealf Theory, the value of a network depends on the number of connections within this network. This is what is called Network EffectsAssume
According to Metealf Theory, the value of a network depends on the number of connections within this network. This is what is called "Network Effects"Assume that we have two networks that are competing with each other in the online dating arena:One of them has users, and the other has users.Determine the value of each dating service independently based on its number of connections, and the value of the network
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