The CB Radio Was Very Popular in the 1970s and 1980s

question 36

Multiple Choice

The CB radio was very popular in the 1970s and 1980s for communicating while driving. People bought them because other drivers had them too and they could therefore talk with many others on their trips. This illustrates

• A)that the demand curve for CB radios was inelastic.
• B)the network effect.
• C)that CB radios and gasoline are complementary goods.
• D)the effects of mobile phones on the demand curve for CB radios.

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Definitions:

Southeast Asia

A geographical region in Asia, located south of China and east of India, known for its diverse cultures, languages, and histories.

Rice

A staple food grain known scientifically as Oryza sativa (Asian rice) or Oryza glaberrima (African rice), cultivated in a variety of environments.

Neolithic Period

A phase in human history marked by the development of agriculture and permanent settlements, leading to significant cultural and technological advancements.

Dwellings Materials

The various substances or goods used in the construction and maintenance of homes and buildings.