Ryan Spends an Hour Studying Instead of Going for a Bike

question 146

Multiple Choice

Ryan spends an hour studying instead of going for a bike ride. The opportunity cost to him of studying is:

• A) the improvement in his grades from studying for the hour
• B) the difference between the improvement in his grades from studying minus the enjoyment of a bike ride
• C) the enjoyment and exercise he would have received had he gone for a bike ride
• D) zero, since Ryan chose to study rather than to ride his bike, the value of studying must have been greater than the value of the bike ride

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Definitions:

Self Competency

The understanding and development of one's own skills, abilities, and confidence to effectively manage various situations or tasks.

JCPenney Company

An American department store chain offering clothing, cosmetics, electronics, and more, known for its mid-range prices and promotions.

Reinforcement Deprivation

A condition in which an individual lacks rewards or positive feedback, which can impact motivation and performance.

Reinforcer

In behavioral psychology, an event or stimulus that increases the likelihood of a behavior being repeated.