Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
New Topic  
Tidy Tidy
wrote...
Posts: 4852
8 years ago
The order of the letters along the rows of computer keyboards could be changed to allow users to type faster, but this would inconvenience the vast majority of people who learned to type with the current keyboard layout. The costs of switching to a new layout make this change unlikely. This is an example of
A) path dependency.
B) how social influences overwhelm the substitution effect of a price change.
C) how the elasticity of demand for typewriters has been affected by externalities.
D) how consumers sometimes do not behave rationally.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 265 times
3 Replies
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
Replies
Answer verified by a subject expert
Chimelo46Chimelo46
wrote...
Top Poster
Posts: 5641
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

wrote...
8 years ago
It was nothing, thanks for updating us.
wrote...
3 years ago
thanks
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1267 People Browsing
Related Images
  
 143
  
 544
  
 354
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 431