The ____ effect is a ____ network externality where a consumer wants to own a unique good
a. bandwagon; negative
b. bandwagon; positive
c. snob; negative
d. snob; positive.
c
Economics
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The graph shows the market for rental housing in Little Rock. The market for apartments is efficient when
A) the quantity of apartments demanded is 12,000 a month. B) the rent ceiling is set at $300 a month. C) there is no rent ceiling. D) the quantity of apartments supplied is 6,000 a month. E) the rent charged is less than $450.
Economics
If the government wanted to offset the effect of a fall in consumer confidence on AD, it might: a. decrease government purchases. b. decrease taxes
c. increase taxes. d. do either a. or c.
Economics