Your Classmates from the University of Chicago Are Planning to Go

question 81

Multiple Choice

Your classmates from the University of Chicago are planning to go to Miami for spring break, and you are undecided about whether you should go with them. The round-trip airfares are $600, but you have a frequent-flyer coupon worth $500 that you could use to pay part of the airfare. All other costs for the vacation are exactly $900. The most you would be willing to pay for the trip is $1400. Your only alternative use for your frequent-flyer coupon is for your trip to Atlanta two weeks after the break to attend your sister's graduation, which your parents are forcing you to attend. The Chicago-Atlanta round-trip airfares are $450. If you do not use the frequent-flyer coupon to fly, should you go to Miami?

• A) Yes, your benefit is more than your cost.
• B) No, your benefit is less than your cost.
• C) Yes, your benefit is equal to your cost.
• D) No, because there are no benefits in the trip.

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Definitions:

Sperm and Ovum

The male and female gametes, respectively, whose union during fertilization results in the formation of a zygote, leading to pregnancy.

Zygote

The single cell formed from the union of two gametes, a sperm and an ovum.

Fraternal Twins

Siblings born at the same time from two separate eggs fertilized by different sperm cells, resulting in genetically unique individuals.

Sound Waves

Vibrations that travel through the air or another medium, which can be heard when they reach a person or animal's ear.