Japan has more vending machines per capita than any other country in the world.One explanation for this phenomenon is that
A) vending machines are very expensive in Japan
B) the customs of the Japanese marketplace encourage businesses to install vending machines
C) vending machines were invented in Japan
D) time is less valuable in Japan than it is elsewhere
E) most products commonly purchased by Japanese consumers are small enough to be sold in vending machines
Correct Answer:
Verified
Q130: Economic theory allows us to predict the
Q131: Secondary effects are consequences of economic actions
Q132: The fallacy of composition is the error
Q133: Economists often focus on average behavior because
Q134: "Congress must recognize that the growing national
Q136: A normative economic statement
A)is a hypothesis used
Q137: "There should be less discrimination against the
Q138: Which of the following is an example
Q139: When labor is relatively expensive, as it
Q140: Economists tell stories -- like the vending
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents