Instead of Studying for an Additional Two Hours for the Economics

question 166

Multiple Choice

Instead of studying for an additional two hours for the economics final, Leann decides to watch a movie. Leann is making

• A)a decision that is not on the margin because she will see the entire movie.
• B)a decision that does not involve an opportunity cost.
• C)a rational decision if her marginal cost from the movie is greater than her marginal benefit.
• D)an irrational decision because studying is more important than watching a movie.
• E)a rational decision if her marginal benefit from the movie is greater than her marginal cost.

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Definitions:

Complexity

The state of having multiple interconnected parts, leading to unpredictable outcomes and challenges in understanding or management.

Demands

Specific requests or conditions put forward by individuals or groups in a negotiation or conflict situation.

Stressors

Environmental stimuli that place demands on individuals.

Hindrance

Anything that restricts, obstructs, or interferes with progress or achievement; similar to barriers but often used in more specific contexts.