Suppose That the Extra Cost to Tim of a Third

question 76

Multiple Choice

Suppose that the extra cost to Tim of a third glass of soda is zero because he's at a restaurant that gives free refills. According to the Cost-Benefit Principle Tim should:

• A)drink a third glass of soda.
• B)drink a third glass of soda if the extra benefit of doing so is positive.
• C)drink a third glass of soda if his total benefit from drinking soda is positive.
• D)not drink a third glass of soda.

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Definitions:

Flow

A psychological state in which a person is fully immersed and engaged in an activity, leading to enjoyment and a sense of involvement and achievement.

Flow

A psychological state where an individual is fully immersed and focused on the activity they are performing, often leading to a sense of enjoyment and fulfillment.

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Psychologists who study how people interact with machines and environments to improve technology, equipment, and workspaces.

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Input devices consisting of a set of keys used to enter information into a computer or other electronic systems.