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:

Latent Memory Traces

Nonconscious memories that, while not presently accessible, can influence behavior and thought processes.

Ancestral Past

The history and lineage of one's predecessors or the evolutionary history of a species.

Moral Component

The element of decision making that pertains to what is right and wrong, ethical and unethical.

Personality

An individual’s unique constellation of consistent behavioral traits.