A Railroad Freight Car Can Hold $2,013$ Bu of Corn $14,000,000$ Bu from a Local Grain Elevator?
A) 6,955 Cars
B)

question 246

Multiple Choice

A railroad freight car can hold $2,013$ bu of corn. How many freight cars are needed to haul the expected $14,000,000$ bu from a local grain elevator?

• A) 6,955 cars
• B) 695 cars
• C) 6,954 cars
• D) 1,438 cars
• E) 6,956 cars

Acknowledge the influence of context on preferences and decisions in behavioral economics.

Understand how behavioral economics incorporates fairness into its analysis.

Recognize the importance of framing effects and mental accounting in influencing decisions.

Grasp the concept of loss aversion and its implications in economic behavior.

---

Definitions:

Miocene

An epoch of the Neogene period, extending from about 23 to 5.3 million years ago, during which time the Earth experienced significant climatic changes and evolutionary developments among mammals.

Reduced Rainfall

A decrease in the amount of precipitation received over a specific period, often linked to climate change, weather patterns, or geographical variations.

Homo Naledi

A species of hominin discovered in South Africa known for its unique mix of primitive and modern traits, adding complexity to human evolution.

H. Floresiensis

A species of small-statured hominins, known as "Hobbits", that lived on the island of Flores, Indonesia, until about 50,000 years ago.