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; microeconomic B. remains the same;macroeconomic C. remains the same,microeconomic D. changes; macroeconomic
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Doruk
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Uzman doğrulaması
Cevap
A. changes; microeconomic
Daha Fazla
## Step 1The problem is asking us to analyze the impact of the decision made by the operators of private dog parks to eliminate fees and allow dog owners to exercise their dogs in the parks at no charge. We need to determine if this decision changes the incentives that people face and whether this decision is a microeconomic or a macroeconomic issue.## Step 2The first part of the question asks if the decision changes the incentives that people face. Incentives are factors that motivate individuals to act in a certain way. In this case, the incentive for dog owners to exercise their dogs at the dog park is likely the cost-effectiveness of the activity. If the fees are eliminated, the cost of exercising a dog at the park is reduced to zero, which could potentially increase the incentive for dog owners to exercise their dogs at the park.## Step 3The second part of the question asks if the decision is a microeconomic or a macroeconomic issue. Microeconomics focuses on the behavior of individuals and firms in making decisions regarding the allocation of limited resources. In this case, the decision to eliminate fees at a private dog park is a decision made by a single firm (the dog park), and it affects the behavior of individual dog owners. Therefore, this is a microeconomic issue.