Operators of private dog parks in your city decide to eliminate their fees and allow dog owners to exercise their dogs in the parks at no charge. This statement means that the incentive to exercise dogs at the dog park ________.
The operators' decision is a ________.
A)remains the same;macroeconomic decision
B)changes;microeconomic decision
C)remains the same;microeconomic decision
D)changes;macroeconomic decision
E)changes;decision in the self-interest but not in the social interest

Question

Quizplus · Accepted Answer

This is a microeconomic decision because it is specific to the dog parks and is not affecting the entire economy. Additionally, by eliminating fees, the incentive for dog owners to exercise their dogs at the park has changed as they no longer have to pay for this service.

Operators of Private Dog Parks in Your City Decide to Eliminate