Your Classmates from the University of Chicago Are Planning to Go

question 114

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. Should you use the frequent flyer coupon to 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:

Copper

A chemical element with the symbol Cu and atomic number 29, known for its high thermal and electrical conductivity, commonly used in electrical equipment and plumbing.

Total Metabolic Rate

The total amount of energy expended by an organism in a given time period to maintain all bodily functions while at rest.

Basal Metabolic Rate

The rate at which the body uses energy while at rest to maintain vital functions such as breathing and keeping warm.

Body Mass Index

A measure of body fat based on height and weight that applies to adult men and women, used to classify underweight, normal weight, overweight, and obesity.