On Line Matchmaking Services Specializing in People Who Share Very

question 79

Multiple Choice

on line matchmaking services specializing in people who share very specific characteristics typically charge higher prices than do general on line dating services.One likely reason might be that

• A)they generally have more attractive web sites.
• B)their operating costs are higher.
• C)their owners are more interested in making a profit.
• D)the opportunity costs of finding matches for very specific characteristics are higher.

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Definitions:

Public Good

Refers to commodities or services that provide benefits to all members of society and whose use by one individual does not diminish the availability to others.

Public Good

Goods that once provided to one consumer, can be accessed by others without additional costs, benefiting the entire community.

Free-rider Problem

A situation where individuals consume a good without paying for it, benefiting from the good or service without contributing to its cost.

Public Good

A good that is non-excludable and non-rivalrous, meaning that its use by one person does not reduce its availability to others and no one can be effectively excluded from using it.