Gooey Flakes Is the Only Ready-To-Eat Cereal That Has Chocolate

question 132

Multiple Choice

Gooey Flakes is the only ready-to-eat cereal that has chocolate syrup injected into each flake.The machine that injects the syrup into the flakes can do nothing else.Which of the following is true?

• A)All of the machine's earnings are economic rent.
• B)All of the machine's earnings are opportunity cost.
• C)The supply curve for this machine is horizontal.
• D)The demand curve for this machine is horizontal.
• E)The demand curve for this machine is vertical.

---

Definitions:

Internal Attributions

Refers to the inference that a person is behaving in a certain way because of something about the person, such as attitude, character, or personality.

Ability

The capacity of an individual to perform actions or tasks adequately, related to both natural aptitude and learned skills.

Effort

The use of physical or mental energy to achieve an objective or complete a task, often considered an important factor in determining success.

Task Difficulty

Describes the level of challenge presented by a task, which can impact an individual's performance and effort required to complete it.