Even Though Local Newspapers Are Very Inexpensive, People Rarely Buy

Multiple Choice

Even though local newspapers are very inexpensive, people rarely buy more than one of them each day. This fact

A) is an example of irrational behavior.
B) implies that electronic media sources are displacing print sources for many consumers.
C) contradicts the economic perspective.
D) implies that, for most people, the marginal benefit of reading a second newspaper is less than the marginal cost.