You Purchase a $30, Nonrefundable Ticket to a Play at a Local

question 123

Multiple Choice

You purchase a $30, nonrefundable ticket to a play at a local theater. Ten minutes into the show you realize that it is not a very good show and place only a $10 value on seeing the remainder of the show. Alternatively you could leave the theater and go home and watch TV or read a book. You place an $8 value on watching TV and a $12 value on reading a book.

• A)You should stay and watch the remainder of the show.
• B)You should go home and watch TV.
• C)You should go home and read a book.
• D)You should go home and either watch TV or read a book.

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Definitions:

Need for Rest

A physiological and psychological requirement for periods of rest or sleep to recover from activity and maintain health.

Social Motives

Social motives are driving forces behind individuals' behaviors that stem from the need for social interaction, acceptance, and belonging within a group or society.

Relationships

The connections, associations, or interactions between individuals or groups.

Inborn Predisposition

Natural tendencies or inclinations present at birth that influence behavior, preferences, or susceptibilities.