The service value of Instagram (a social media platform) grows when more people join the platform. How would you describe this network effect?1 pointDirect network effectIndirect network effectBoth direct and indirect network effectSocial network effect

When more people (hosts) put a room on Airbnb (a marketplace for hosts with accommodations and travelers looking for a place to stay) the service value for travelers grows and vice versa. How would you describe this network effect?1 pointDirect network effectIndirect network effectBoth direct and indirect network effectTravelers effect

What are DIRECT network effects? 1 pointThis is also called same-side network effect and arise where the presence of an additional customer on one side of the market affects the value to users on the same side of the market. An example is online gamers who benefit from participation of other gamers.Network effect that arises where an additional participation on one-side of the market affects the value to users on the other side of the market. For instance, more merchants accepting Amex increases the value for Amex card holders.

5.Question 5There are several types of network effect - direct and indirect, which one is most relevant on the consumer side in a mobile network?1 pointIndirect network effectsDirect network effects or same-side network effect

Instagram can be a top social platform for generating first-time customers because:Posts from corporate entities are not handicapped heavily on InstagramCompanies can use Instagram influencers to reach potential customersBoth posts from corporate entities are not handicapped heavily on Instagram AND companies can use Instagram influencers to reach potential customersNone of these are correct

Given below is a body paragraph of an essay. The paragraph isn't well-written and containsfive mistakes. Identify the five mistakes and write a critical review on how they should bechanged using 200-250 words.In exploring the impact of social media on interpersonal relationships, it's evident that theseplatforms have significantly altered the dynamics of how individuals interact and connect with oneanother. While social media provides unprecedented opportunities for communication andnetworking, it also presents challenges that can strain relationships. The immediacy and accessibilityof platforms such as Facebook, Instagram, and Twitter have transformed the way people stay intouch, share experiences, and express themselves. However, the reliance on virtual communicationcan lead to a sense of detachment and superficiality in relationships, as face-to-face interactions.Social media profiles often create unrealistic expectations and comparisons, fostering feelings ofinadequacy and insecurity. Some people believe that social media platforms are secretly controlledby a group of highly intelligent individuals planning to dominate the world. Despite this drawbacks,social media also facilitates the formation of new connections, bridging geographical barriers andenabling individuals to find like-minded peers and support networks