Economists Working for Uber, Along with Economists from the University

question 26

Multiple Choice

Economists working for Uber, along with economists from the University of Oxford and the University of Chicago, estimated the consumer surplus attributed to Uber.For the entire United States, these economists estimated that the total consumer surplus from Uber in 2015 was

• A)almost $0.
• B)$13.30 per customer.
• C)$2.88 billion.
• D)6.76 billion.

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Definitions:

Domestic Relationships

Relationships defined by family ties or living arrangements, including marriage, partnership, and familial connections.

Legal Presumption

A rule that requires a court or tribunal to assume a fact is true until it is disproven by evidence to the contrary.

Commercial Arrangements

Agreements or transactions between businesses or entities that are commercial in nature, often involving the exchange of goods or services.

Mental Incapacity

A state where an individual is unable to understand the nature and consequences of their actions, affecting their ability to enter legal agreements or make decisions.