Suppose There Are Three Alternatives to Attending a Social Event

question 69

Multiple Choice

Suppose there are three alternatives to attending a social event: read a novel (you value this at $10) , go to work (you could earn $20) , or watch videos with some friends (you value this at $25) . The opportunity cost of attending the social event is

• A)$45.
• B)$20.
• C)$10.
• D)zero.
• E)$25.

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Definitions:

Amygdala

A part of the brain's limbic system involved in emotions, fear responses, and survival instincts.

Hippocampus

A region of the brain that is crucial for memory formation, navigation, and the processing of emotional responses.

Aversive Racism

A form of racism that manifests in subtle, often unconscious discriminatory actions despite individuals' avowal of non-prejudiced views.

Institutional Racism

Discriminatory practices and policies that create and perpetuate inequalities based on race within institutions and society.