When the Benefit of Another Hour of Work Is Greater

question 47

Multiple Choice

When the benefit of another hour of work is greater than the opportunity cost,we would expect the worker to work:

• A) another hour.
• B) an hour less.
• C) exactly that amount.
• D) Cannot be determined without more information.

---

Definitions:

Sensory Adaptation

The method through which sensory receptors decrease in sensitivity to unchanging stimuli, enabling people to concentrate on environmental variations.

Difference Threshold

The smallest detectable difference between two stimuli or the minimum change in stimulus intensity that can be sensed.

Absolute Threshold

The minimum intensity of stimulus that is required for a person to detect its presence 50% of the time.

Light Bulbs

Devices that produce light from electricity, consisting of a filament that glows when heated by an electric current.