The Benefit of an Activity Is

question 30

Multiple Choice

The benefit of an activity is

• A) purely objective and measured in dollars.
• B) the gain or pleasure that it brings.
• C) the value of its opportunity cost.
• D) measured by what must be given up to get one more unit of the activity.
• E) not measurable on the margin.

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Definitions:

Predict

To predict means to declare or indicate in advance; especially, to foretell on the basis of observation, experience, or scientific reason.

Control

The power to influence or direct people's behavior or the course of events, or in experiments, the standard conditions that do not change.

Automobile Advertisements

Marketing efforts aimed at promoting and selling cars, focusing on features, price, and appeal to potential buyers.

Flooding

A form of behavior therapy based on the principles of exposure, where an individual is exposed to an overwhelming amount of an anxiety-producing stimulus in order to reduce the fear response.