Two Economists from Northwestern University Estimated the Benefit Households Received

question 91

Multiple Choice

Two economists from Northwestern University estimated the benefit households received from subscribing to broadband Internet service.The economists found that

• A)the consumer surplus from dial-up Internet service exceeded the consumer surplus from broadband Internet service.
• B)the average consumer of broadband Internet service received a marginal benefit equal to $36.
• C)most consumers of broadband Internet service were not willing to pay more than $36 per month.
• D)one month's benefit to consumers who subscribe to broadband Internet service is about $890 million.

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Definitions:

Socially Anxious

Characterized by overwhelming anxiety and excessive self-consciousness in everyday social situations; could manifest in a strong fear of being judged or negatively evaluated by others.

Interacts

To act in such a way as to have an effect on another; to engage with or communicate with others dynamically.

Evaluation Apprehension

A strong concern about receiving negative evaluations from others.