17. A student says, "A platform is just a pipeline with more users." Which response best fits the study guide?
- 1Correct, because both models mainly rely on internal resource control and linear value delivery.

- 2Correct, because the only real difference is the size of the customer base.

- 3Incorrect, because a pipeline produces and sells through a linear chain, while a platform orchestrates interactions among external participants.

- 4Incorrect, because platforms do not create value and only capture value from producers.
