Pick the Best Choice by Estimating

question 82

Multiple Choice

Pick the best choice by estimating. Do not measure. For metric measurements, do not attempt to convert to the U.S. system. The hardest part of the transition to the metric system is the transition to thinking in metrics. Suppose someone could run the 120-meter dash in 10 seconds flat. At the same rate, this person should be able to run the 120-yard dash in __________.

• A) more than 10 sec
• B) 10 sec
• C) less than 10 sec

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Definitions:

International Leaders

Individuals who have a significant influence on global affairs, often heads of states, CEOs of multinational corporations, or leaders of international nonprofit organizations.

Rational Economics

The study of how individuals and groups make decisions to allocate resources in order to maximize their welfare.

Utility Maximization

An economic principle that suggests individuals seek to achieve the highest level of satisfaction or utility from their actions and decisions.

Needs and Wants

The basic requirements for survival, such as food and shelter, compared to desires or wishes that do not necessarily contribute to one’s survival.