Solved

A University Decides to Change Its Late Night Bus Service

Question 205

Multiple Choice

A university decides to change its late night bus service between the campus and student housing from a fare-based service to a free service.This statement means that the incentive to ride the bus ________ and the opportunity cost of a bus ride ________.The university's decision is a ________ decision.


A) changes;decreases;microeconomic
B) changes;decreases;macroeconomic
C) remains the same;remains the same;macroeconomic
D) remains the same;remains the same;microeconomic
E) changes;increases;microeconomic

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions