Question: A recent post being shared on Facebook suggests that consumers boycott selfservice checkout lines because they destroy jobs and are not very convenient to use.
A recent post being shared on Facebook suggests that consumers boycott selfservice checkout lines because they destroy jobs and are not very convenient to use. Consider this post from the perspective of economic analysis.
Which response best illustrates economic reasoning?
a. You should use selfservice checkout lines if they increase your economic surplus.
b. Selfserve checkout lines are beneficial to consumers because they represent a technological breakthrough, and all technological breakthroughs benefit the economy.
c. You should avoid selfservice checkout lines if some people are harmed by the popularity of selfservice lines.
d. You should avoid selfservice checkout lines because they create unemployment which is very harmful to the economy.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
