Which Statement Is TRUE

question 69

Multiple Choice

Which statement is TRUE?

• A) New York City buses do not accommodate the disabled.
• B) Taxpayers would have lost money if New York City had paid disabled people to use taxis rather than retrofitting city buses for wheelchair ramps.
• C) New York City buses are capable of accepting passengers in wheelchairs.
• D) New York City would have saved money if buses were used to transport the disabled rather than taxicabs.

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Definitions:

Marketers

Individuals or companies engaged in promoting, selling, and distributing a product or service.

Industry

A category of businesses that produce or sell similar products or services, characterized by common challenges, opportunities, and market structures.

Network Effect

The phenomenon whereby a product or service gains additional value as more people use it.

Virtuous Circle

A chain of events that reinforce themselves through a feedback loop, leading to positive outcomes in a business or economic context.