You Have Two Options for How to Spend the Afternoon

question 11

Multiple Choice

You have two options for how to spend the afternoon. You can either go see a movie with your roommate or work as a tutor for the Math Department. From experience, you know that going to see a movie gives you $20 worth of enjoyment, and with your student discount, a movie ticket only costs $12. If you spend the afternoon working as a math tutor, you will get paid $45. On a typical day, you wouldn't be willing to spend the afternoon working as a math tutor for less than $35. What is your economic surplus from working as a math tutor instead of going to the movies?

• A)$8
• B)$2
• C)$12
• D)$10

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Definitions:

ISD Model

The Instructional System Design model, a systematic approach to creating effective educational programs and training sessions.

Cost Associated

Refers to the expenses related to a specific activity, project, or operation.

Budget Approval

The process by which financial plans, including expenditures for projects or operations, are formally sanctioned by an authority within an organization.

Training And Development

A systematic process in an organization to improve the performance and skills of its employees through educational activities.