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.
Skilled nursing facilities provide care for patients requiring longer stays than hospitals allow.
A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact,
U.S. suburbs were once unplanned, rambling affairs that took irregular shapes as people moved away ...
Remove all jewelry before performing service work on any vehicle.
The energy set-point view that is the basis of many people’s thinking about hunger and eating.
Survivorship curves for people in the United States in the early 20th and early 21st centuries