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:

Parasocial Relationship

A type of one-sided relationship where an individual forms an emotional attachment to a media character or celebrity who is unaware of their existence.

Media

Various platforms for communication, including television, radio, newspapers, and the internet, used to store and deliver information or data.

Long-Distance

Relates to situations, communications, or transportation covering large areas or extending over miles.

Self-Expansion

A psychological model suggesting individuals have a fundamental motivation to enhance their efficacy through relationships and experiences, leading to self-growth.