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Deadheading Was the Practice of Giving Reporters Free Rail Passes

question 106

True/False

Deadheading was the practice of giving reporters free rail passes with the tacit understanding that they would write glowing reports about rail travel.


Definitions:

Private Cost

The costs directly incurred by those who are producing or consuming goods or services.

Marginal Social Benefit

The additional gain to society as a whole from an extra unit of production.

Marginal Social Cost

The cost to society of producing an additional unit of a good or service, including both the private costs and any external costs.

Marginal Social Benefits

The extra advantage to the entire community from using an additional unit of a product or service.

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