Instead of Studying for an Additional Two Hours for the Economics

question 10

Multiple Choice

Instead of studying for an additional two hours for the economics final,Leann decides to watch a movie.Leann is making

• A) a decision that does not involve an opportunity cost.
• B) a rational decision if her marginal cost from the movie is greater than her marginal benefit.
• C) a rational decision if her marginal benefit from the movie is greater than her marginal cost.
• D) an irrational decision because studying is more important than watching a movie.
• E) a decision that is not on the margin because she will see the entire movie.

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Definitions:

Abatement

The reduction or removal of environmental pollutants or negative externalities to improve environmental quality.

Emissions

Emissions refer to pollutants released into the air, water, or soil by industrial activities, vehicles, and other sources that can have adverse effects on the environment and human health.

Efficient Level

The optimal point of production or operation where resources are utilized in the most cost-effective way, without waste.

Emissions

The release of substances (like gases, heat, light, sound, or particles) into the atmosphere or environment, often associated with pollution.