John Is Trying to Decide How to Divide His Time

question 15

Multiple Choice

John is trying to decide how to divide his time between his job as a stocker in the local grocery store, which pays $7 per hour for as many hours as he chooses to work, and cleaning windows for the businesses downtown. He makes $2 for every window he cleans. John is indifferent between the two tasks, and the number of windows he can clean depends on how many hours he spends cleaning in a day, as shown in the table below: $$\begin{array} { | c | c | } \hline \begin{array} { c } \text { Hours Per } \\\text { Day Cleaning } \\\text { Windows }\end{array} & \begin{array} { c } \text { Total Number } \\\text { of Windows } \\\text { Cleaned }\end{array} \\\hline 0 & 0 \\\hline 1 & 7 \\\hline 2 & 11 \\\hline 3 & 14 \\\hline 4 & 16 \\\hline 5 & 17 \\\hline\end{array}$$ If we plot John's opportunity cost per window on the vertical axis and the number of windows cleaned each day on the horizontal axis, we will have John's ______ curve for window-cleaning services.

• A)production possibilities
• B)supply
• C)benefit
• D)demand

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Definitions:

Self-Management

Relates to the ability to control disruptive emotions and impulses.

Lincoln

The 16th President of the United States, Abraham Lincoln, known for leading the country during the Civil War and emancipating slaves with the Emancipation Proclamation.

Newspapers

Publications, usually issued daily or weekly, containing news, features, advertisements, and other information of public interest.

Ethos

The characteristic spirit of a culture, era, or community as manifested in its attitudes and aspirations.