fill in the blank question\nthe decrease in demand for a product that occurs because more people are using…

fill in the blank question\nthe decrease in demand for a product that occurs because more people are using the product is called the effect.\n(1) need help? review these concept resources.\n(2) read about the concept

fill in the blank question\nthe decrease in demand for a product that occurs because more people are using the product is called the effect.\n(1) need help? review these concept resources.\n(2) read about the concept

Answer

Brief Explanations:

In economics, the decrease in demand for a product as more people use it is known as the network - congestion effect or negative network externality. When too many users enter a network (using a product), the value of the product to each user may decrease, leading to a fall in demand.

Answer:

negative network externality