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:

Verified
Correct Answer:
Verified
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