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_____ Tend to Have Large Up-Front Costs

question 20

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_____ tend to have large up-front costs.Once those costs are incurred, additional units can be made at very low additional cost.


Definitions:

Triple Jump

An athletic event where the competitor makes a hop, a step, and then a jump in sequence.

Moral Hazard

Moral hazard occurs when an individual or entity has a tendency to take more risks because the negative consequences of those risks will be partially or fully borne by others.

Airbags

Safety devices in vehicles designed to inflate rapidly in the event of a collision to prevent occupants from striking interior objects or being ejected from the vehicle.

Reckless Driving

Operating a vehicle in a dangerous manner that disregards the safety of others, often resulting in legal penalties.

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