A Movie Costs You and Your Friend $15 Each

question 75

Multiple Choice

A movie costs you and your friend $15 each.After one hour of watching the movie,you have struggled to stay awake while your friend has been on Facebook and is also bored with the movie.You suggest that you and your friend leave the movie and go to the park.Your friend responds by stating that he is not going to waste his $15 that was previously spent on the movie.Your friend is considering:

• A) an opportunity cost of the movie.
• B) the sunk cost.
• C) the marginal benefit.
• D) Total costs

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Definitions:

High Conscientiousness

A distinctive feature highlighting a person's competence in being orderly, dependable, and having a solid sense of commitment.

High Neuroticism

A personality trait marked by emotional instability, anxiety, moodiness, irritability, and sadness.

High Agreeableness

High Agreeableness is a personality trait that involves a proclivity towards cooperation, trust, and empathy towards others, often leading to harmonious social interactions.

Big Five Traits

A model in psychology that describes personality using five broad factors: openness, conscientiousness, extraversion, agreeableness, and neuroticism.