Claire Wants to Go on a Hiking Trip to Colorado

question 42

Multiple Choice

Claire wants to go on a hiking trip to Colorado.She has been climbing with her family for several years and now she is off from school for the summer.As an internal consumer process,this is an example of having

• A) motivation, ability, and opportunity.
• B) exposure, disposal, and memory.
• C) acquisition, usage, and disposal.
• D) perceptiveness, retention, and memory.
• E) exposure, disposal, and retention.

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Definitions:

Marginal Utility

The extra pleasure or benefit a consumer gets from consuming an additional unit of a product or service.

Oysters

Marine mollusks that are enclosed in a hinged shell, often cultivated or harvested for food.

Beers

Alcoholic beverages made from fermenting cereals, primarily barley, and flavored with hops.

Maximizing Utility

The economic principle wherein individuals or firms seek to get the greatest satisfaction or return from their resources and choices, under the constraints they face.