Guillermo Feels Best When He Is Sitting in a Japanese

question 147

Multiple Choice

 Guillermo feels best when he is sitting in a Japanese garden feeding the koi in the ponds.Knowing what you know about arousal and motivation,at what level of arousal will Guillermo most likely perform his best? 

• A)a level of arousal that is below average
• B)a level of arousal that is highly above average
• C)an average level of arousal
• D)an above average level of arousal

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Definitions:

Implicit Costs

Costs that represent the value of resources used in production for which no direct payment is made.

Explicit Costs

Direct, out-of-pocket payments a firm makes to purchase the inputs it needs for production, such as wages, rent, and materials.

Calendar Time

The concept of time as measured by calendar units, such as days, months, and years, used in planning and scheduling.

Long Run

An economic phase where all elements of production and expenses can fluctuate, enabling complete adaptation to any alterations.