Use the Information Below to Answer the Following Question

question 212

Multiple Choice

Use the information below to answer the following question.
Fact 1.3.2 Cost of Sochi Winter Olympics
The Russian government spent $6.7 billion on Olympic facilities and $16.7 billion upgrading Sochi area infrastructure. Sponsors spent $27.6 billion on hotels and facilities hoping to turn Sochi into a year-round tourist magnet.
Source: The Washington Post, February 11, 2014
-Refer to Fact 1.3.2. The opportunity cost of the Sochi Olympics was

• A)$51 billion because the Russian government would have spent this money anyway to revitalize Sochi.
• B)$6.7 billion because that was the cost of the Olympic facilities.
• C)$51 billion if the Russian government would not have spent this money had the Olympics not been held in Sochi.
• D)$23.4 billion because spending on hotels and facilities of $27.6 billion was unnecessary.
• E)zero because the Russian government competed with other countries to host the Olympics.

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Definitions:

Sensory Input

Refers to the stimuli or data received by the senses, which is then interpreted by the brain.

Physiological Responses

Refers to the automatic reactions or processes that occur within an organism in response to external or internal stimuli, including physical and biochemical changes.

Emotions

Complex psychological states that involve physiological expressions, psychological responses, and cognitive appraisals, influencing behavior and perception.

Sensory Neurons

Neurons responsible for converting external stimuli from the organism's environment into internal electrical impulses.