Use the Following to Answer Questions -Tony Has a Cell Phone,and His Service Provider Is Rogers

question 109

Multiple Choice

Use the following to answer questions : $$\begin{array}{l}\text { Table: Externalities from Parks }\\\begin{array} { c c c } \hline \begin{array} { l } \text { Quantity of } \\\text { Land (acres) }\end{array} & \begin{array} { c } \text { Marginal } \\\text { Social } \\\text { Benefit }\end{array} & \begin{array} { c } \text { Marginal } \\\text { Social } \\\text { Cost }\end{array} \\\hline 0 & \$ 225 & \$ 0 \\1 & 200 & 50 \\3 & 150 & 150 \\4 & 125 & 200 \\5 & 100 & 250 \\9 & 0 & 450 \\\hline\end{array}\end{array}$$
-Tony has a cell phone,and his service provider is Rogers.When he calls his wife,Meleah,who is also a Rogers customer,he does not have to pay for those minutes.The more Rogers customers there are in the market,the more benefit Tony receives.This is:

• A) a network externality.
• B) the Coase theorem.
• C) a Pigouvian subsidy.
• D) a technology spillover.

Understand the concept and implications of positive externalities on market outcomes.

Understand the role and necessity of multiple signals in producing an immune response.

Identify the primary lymphatic organs and their functions.

Recognize the areas of an antigen that are recognized by lymphocytes for an immune response.

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Definitions:

Decision Making

The cognitive process of selecting a course of action among several alternatives to achieve a desired outcome.

Reasoning

refers to the cognitive process of looking for reasons, engaging in logical thinking, and arriving at conclusions based on premises.

System II Thinking

A cognitive process that involves analytical, effortful, and logical thinking as opposed to quick, instinctual, and often biased System I thinking.

System I Thinking

A term from dual-process theory referring to fast, automatic, emotional, and subconscious thought processes.