Ahmed, a 17-Year-Old-Boy, Has Been Driving for a Year and a Half

question 43

Multiple Choice

Ahmed, a 17-year-old-boy, has been driving for a year and a half now having earned his permit when he was 15 ½ and his license at 16-years-old. He drives to and from school every day along with running errands for his mother after school. He does not really think about driving the way he used to when he was first learning. Ahmed is experiencing ______.

• A) post-formal reasoning
• B) myelination
• C) mutual perspective taking
• D) automaticity

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Definitions:

Consumer Surplus

Consumer surplus represents the discrepancy between the total price consumers are prepared and able to spend on a product or service and the actual amount they end up paying.

Marginal Utility

The additional satisfaction or utility a consumer receives from consuming one more unit of a good or service.

Marginal Utility

Marginal utility represents the additional satisfaction or utility a consumer gains from consuming one more unit of a good or service.

Total Utility

The sum satisfaction or benefit that a consumer receives from consuming a particular quantity of goods or services.