When a consumer's willingness to buy a good or service is influenced by the number of people who have purchased that good or service, this is called

A) a switching cost.
B) an opportunity cost.
C) a network effect.
D) an advertising gimmick.

C

Economics

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Human capital refers to the physical tools and equipment that workers use on their jobs to enhance their productivity

a. True b. False Indicate whether the statement is true or false

Economics

Classical economics refers to an era in the history of economic thought that stretched from about

A) 1750 to the early 1900s. B) 1935 to the 1970s. C) 1800 to the mid 1900s. D) 1600 to the mid 1800s.

Economics