As more people imported cars from abroad, service facilities became widely available. This increased the value of imported cars to those who owned one. This is an example of a(n) ________.
A) pecuniary externality
B) network externality
C) moral hazard
D) adverse selection
Question 2
If the marginal rent cost of moving from Apartment 1 to Apartment 2 is -60 and marginal commuting cost of moving from Apartment 1 to Apartment 2 is 40:
A) moving from Apartment 1 to 2 will cost the renter 60 more in rent and 40 more in commuting.
B) moving from Apartment 1 to 2 will save the renter 60 more in rent and 40 more in commuting.
C) moving from Apartment 1 to 2 will save the renter 60 in rent but cost 40 more in commuting.
D) moving from Apartment 1 to 2 will cost the renter 60 more in rent but save 40 in commuting.
Wandering Albatrosses are colonial but have large widely spaced territories. Here a pair performs th
More People Are Living in Cities
The Hanuman langur, a widely distributed Asian colobine.
The proportion of obese and extremely obese adults in the United States has increased over the past
Children with autism generally prefer interacting with objects over people.
Food service businesses