s of theirp the software what happens to the individual dema

s of theirp the software, what happens to the individual demand curve for the software products? The demand curve becomes less elastic due to the snob effect. The demand curve shifts, but its degree of elasticity does not change. The demand curve becomes more elastic due to the bandwagon effect. There is no change in the individual demand curve. O A. B. ° C. O D.

Solution

Option C is correct

The demand curve becomes more elastic due to the bandwagon effect (there would exist positive externalities when software is increasingly adopted by new users owing to their interaction with current users)