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Questions and Answers
What was the economists' solution to the problem of late pickups at the day-care center?
What was the economists' solution to the problem of late pickups at the day-care center?
- Extending the operating hours of the day-care center
- Offering a discount for parents who arrived early
- Implementing a reward system for parents who arrived on time
- Charging a fine for parents who arrived late (correct)
What impact did the introduction of the fine have on the number of late pickups?
What impact did the introduction of the fine have on the number of late pickups?
- The number of late pickups increased substantially (correct)
- The number of late pickups remained the same
- The number of late pickups decreased initially but then increased
- The number of late pickups decreased significantly
How did the economists test their solution to the problem of late pickups?
How did the economists test their solution to the problem of late pickups?
- By offering a reward to parents who arrived on time
- By extending the operating hours of the day-care center
- By implementing the fine without any prior study
- By conducting a study of ten day-care centers in Haifa, Israel (correct)
Why did the economists decide to test their solution in day-care centers in Haifa, Israel?
Why did the economists decide to test their solution in day-care centers in Haifa, Israel?
What was the result of implementing the fine for late pickups at the day-care centers?
What was the result of implementing the fine for late pickups at the day-care centers?
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