Soru
Operators of private dog parks decide to eliminate fees and allow dog owners to exercise their dogs in the parks at no charge. Does the operators' decision change the incentives that people face? Is the operators' decision an example of a microeconomic or a macroeconomic issue? This statement means that the incentive to exercise dogs at the dog park __ The operators' decision is a __ decision. A. changes; macroeconomic B. remains the same:microeconomic C. remains the same macroeconomic D. changes; microeconomic
Çözüm
4.6
(287 Oylar)
Zeynep
Kıdemli · 11 yıl öğretmeni
Uzman doğrulaması
Cevap
D. changes; microeconomic
Daha Fazla
## Step 1The first part of the question asks whether the operators' decision to eliminate fees and allow dog owners to exercise their dogs in the parks at no charge changes the incentives that people face. ## Step 2The incentive to exercise dogs at the dog park changes because the cost (in terms of money) is now eliminated. This means that more people might be encouraged to bring their dogs to the park to exercise them, as the cost is now zero.## Step 3The second part of the question asks whether the operators' decision is a microeconomic or a macroeconomic issue. ## Step 4Microeconomics is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of limited resources. In this case, the decision of a private dog park operator to eliminate fees is a decision made by an individual firm, not a national or global economic policy. Therefore, it is a microeconomic issue.