A Student Athlete Is Deciding Whether to Work Out for an Extra

question 450

Multiple Choice

A student athlete is deciding whether to work out for an extra hour. Her marginal benefit from another hour of exercise

• A) is the benefit she gets from all the hours she's worked out all week.
• B) is the benefit she receives from exercising the additional hour.
• C) is less than the marginal cost of the additional hour.
• D) depends on the cost of the workout.

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Definitions:

Standard

A set of established criteria, guidelines, or definitions used to measure or compare the quality, quantity, or value of products, services, or practices.

Duty of Care

A responsibility mandated by law, compelling a person to maintain a level of carefulness in behaviors that might predictably injure others.

Invitee

A person who is invited onto someone's property for the owner's benefit, often related to business or commerce, and is owed a high duty of care.

Licensee

A person or entity that is granted permission to enter or use another's property for a specific purpose without transferring property ownership.