Bridget Drinks Three Sodas During a Particular Day

question 98

Multiple Choice

Bridget drinks three sodas during a particular day.The marginal benefit she enjoys from drinking the third soda

• A)can be thought of as the total benefit Bridget enjoys by drinking three sodas minus the total benefit she would have enjoyed by drinking just two sodas.
• B)determines Bridget's willingness to pay for the third soda.
• C)is likely different from the marginal benefit provided to Bridget by the second soda.
• D)All of the above are correct.

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Definitions:

Internal Factor

Elements or forces within an organization or individual that can affect performance, mood, or outcomes.

Heredity

The genetic transmission of characteristics from parents to offspring, influencing various traits and predispositions.

Intelligence

The ability to learn, understand, and make judgments or have opinions that are based on reason.

Personality Traits

Enduring characteristics that describe an individual's behavior and attitude.