While in College,Marty and Laura Each Buy 15 Bus Tickets

question 11

Multiple Choice

While in college,Marty and Laura each buy 15 bus tickets per month.After they graduate and have full-time jobs,Marty buys 0 bus tickets per month and Laura buys 28 bus tickets per month.Comparing income elasticity of demand for bus tickets,Marty's

• A)is negative,and Laura's is positive.
• B)is positive,and Laura's is negative.
• C)is zero,and Laura's is positive.
• D)is zero,and Laura's is negative.

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Definitions:

Control

The power to influence or direct people's behavior or the course of events.

Referent Power

The capacity to influence other people because of their desire to identify personally with you.

Charisma

The compelling attractiveness or charm that can inspire devotion in others.

Interpersonal Attractiveness

The appeal or allure one individual has towards another, influenced by physical appearance, personality, and social factors.