Operators of Private Dog Parks in Your City Decide to Eliminate

question 141

Multiple Choice

Operators of private dog parks in your city decide to eliminate their fees and allow dog owners to exercise their dogs in the parks at no charge. This statement means that the incentive to exercise dogs at the dog park .The operators' decision is a .

• A)remains the same; microeconomic decision
• B)changes; microeconomic decision
• C)changes; macroeconomic decision
• D)remains the same; macroeconomic decision
• E)changes; decision in the self- interest but not in the social interest

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Definitions:

Bearing Risk

The action or practice of assuming the potential for loss or danger in a financial operation or investment.

Dollar Return

The total amount of money gained or lost on an investment, expressed in dollars.

Preferred Stock

A class of ownership in a corporation with a specified dividend that is paid out before dividends to common stockholders and typically does not carry voting rights.

Annual Dividend

The total dividend payment a shareholder receives from a company in one year, often expressed as an amount per share.