Many US Cities Limit the Number of Taxis by Restricting the the Number

question 67

Multiple Choice

Many U.S. cities limit the number of taxis by restricting the number of licenses. The result, in comparison with free entry into the taxi industry, is

• A)better taxi service.
• B)increased competition in the taxi industry.
• C)higher taxi fares.
• D)lower taxi fares.
• E)free taxi rides.

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Definitions:

Gender Stereotype

Preconceived notions and oversimplified beliefs about the characteristics, attributes, and behaviors of males or females, which may influence leadership perceptions and opportunities.

Independence

The condition or quality of being self-reliant and free from outside control or support.

Rationality

Rationality refers to the quality or state of being logical or reasonable, based on facts or reason rather than emotions or personal bias.

Helpfulness

The quality of providing useful assistance or being willing to help others.