Which of the Following Would Be the Best Example of Consumer

question 161

Multiple Choice

Which of the following would be the best example of consumer surplus?

• A) Jane does not get cell-phone service because she feels that it is worth less than the $30 a month fee.
• B) Sam pays $8 for a haircut that is worth $10 to him.
• C) Ralph buys a house for $104,000, the maximum amount that he would be willing to pay for it.
• D) Sue purchases a book for $20 and uses a credit card to pay for it.

---

Definitions:

Cognitive Tasks

Mental activities or operations that involve processing information, such as memory, reasoning, language comprehension, and problem-solving.

Blood Alcohol Levels

A measure of the amount of alcohol present in a person's bloodstream, used to assess intoxication and legal impairment.

Night Terrors

Episodes of intense fear that occur during deep (non-REM) sleep, typically in children, characterized by screaming, sweating, confusion, and a heightened heart rate, without memory of the event upon waking.

Restorative Function

A theory proposing that sleep serves to repair and rejuvenate the body and mind, restoring physiological and psychological functions.