Liam Wants to Buy Some Milk and a Box of Cereal

question 75

Multiple Choice

Liam wants to buy some milk and a box of cereal. If Liam buys 4 gallons of milk at $3.00 per gallon, the box of cereal costs $2.00. If he buys 5 gallons of milk, the box of cereal is free. For Liam, the marginal cost of buying a fifth gallon of milk is

• A) zero.
• B) $1.00.
• C) $2.00.
• D) $3.00.

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Definitions:

NEO PI-3

A psychological personality inventory that measures five major domains of personality traits and facets.

30 Facets

A term likely referring to a model or framework that describes thirty distinct aspects or dimensions of personality or other constructs; however, the specific model it refers to is not universally defined.

Conners 3

A psychological assessment tool specifically designed for diagnosing Attention Deficit Hyperactivity Disorder (ADHD) in children and adults.

Reasonably High Reliabilities

Indicates that a test or measurement consistently produces stable and accurate results over repeated applications.