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

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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.

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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
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