You Have Driven 500 Miles on a Vacation and Then

question 55

Multiple Choice

You have driven 500 miles on a vacation and then you notice that you are only 25 miles from an attraction you hadn't known about,but would really like to see.In computing the opportunity cost of visiting this attraction you had not planned to visit,you should include

• A) both the cost of driving the first 500 and the next 25 miles.
• B) the cost of driving the first 500 miles, but not the cost of driving the next 25.
• C) the cost of driving the next 25 miles, but not the cost of driving the first 500.
• D) neither the cost of driving the first 500 miles nor the cost of driving the next 25 miles.

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Definitions:

Perception

The cognitive process that enables us to interpret and organize sensory information to produce meaningful experiences of the world.

Sensation

The process by which our sensory receptors and nervous system receive and represent stimulus energies from our environment.

Sensory Information

Data that is received through the senses, such as sight, hearing, smell, taste, and touch, which is then processed by the nervous system.

Subliminal Messages

Hidden or disguised messages that are not consciously perceived but may influence an individual's thoughts, behaviors, or actions.