A College Student Is Thinking About Running an Ice Cream

question 56

Multiple Choice

A college student is thinking about running an ice cream truck over the summer. What would economists say is the student's main objective?

• A)To spend as little on inputs as possible
• B)To maximize hourly earnings
• C)To sell as many ice cream cones as possible
• D)To maximize his profit

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Definitions:

Hysteria

A historical term for a psychological disorder characterized by a wide variety of physical and emotional symptoms, now understood in terms of specific disorders like conversion or dissociative disorders.

Somatogenic View

The perspective that mental disorders originate from biological or physical factors.

Hypnotism

A trance-like state of focused attention, reduced peripheral awareness, and heightened suggestibility, often used for therapeutic purposes.

Alcoholism

a chronic disease characterized by uncontrolled drinking and a preoccupation with alcohol, leading to a range of physical, mental, and social problems.