Which of the Following Statements Is True

question 17

Multiple Choice

Which of the following statements is true?

• A) Optimizers with the highest opportunity cost of time push up the rental price of apartments with the highest commute time.
• B) Optimizers with the lowest opportunity cost of time push up the rental price of apartments with the lowest commute time.
• C) As the rental prices of downtown apartments rise, only workers with the highest opportunity cost of time will be willing to rent them.
• D) As the rental prices of downtown apartments rise, only workers with the lowest opportunity cost of time will be willing to rent them.

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Definitions:

Suspicious Motives

The assumption or belief that underlying intentions or motivations of an individual or group are questionable, dishonest, or harmful.

Extraversion

A personality trait characterized by outgoingness, sociability, and a tendency to seek stimulation and the company of others.

Narcissism

A personality trait characterized by an excessive interest in or admiration of oneself and one's physical appearance.

Interpersonal Intelligence

The ability to understand and interact effectively with others, recognizing their moods, motivations, and intentions.