In the area of many college campuses,parking spaces are often scarce.If these parking spaces have parking meters,which population described below would pay for parking?
A) A population that is willing to take risks and believes that they will not be caught if they don't place change in the meter
B) A population that places a high opportunity cost on making sure they have change and placing change in the meter
C) A population that is willing to take risks, believes that they will not be caught if they don't place change in the meter, and disregards any possible $5 ticket for parking illegally
D) A population that is unwilling to take risks and believes there is a high chance that they will not be caught if they don't pay for parking
E) A population that is unwilling to take risks, believes there is a high chance that they will be caught if they don't pay their share, and places a high value on doing the "right" thing

Question

Quizplus · Accepted Answer

This population is unlikely to risk getting caught or receiving a parking ticket, and they place a high value on following rules and doing what is morally right. Therefore, they are the most likely to pay for parking at the meters.

In the Area of Many College Campuses,parking Spaces Are Often