Solved

According to Stigler's Search Model,an Increase in the Earnings of Individuals

Question 67

Multiple Choice

According to Stigler's search model,an increase in the earnings of individuals in a growing economy is likely to result in _____


A) a decrease in quality dispersion.
B) a decrease in the opportunity cost of time.
C) an increase in the marginal benefit of search.
D) an increase in the amount of search.
E) an increase in price dispersion.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents