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.

---

Definitions:

Technical Material

Refers to informational content focused on technical or specialized topics, aimed at a specific audience with the prerequisite knowledge or interests.

Nontraditional

Refers to practices or methods that differ from what is conventionally accepted or established.

Part-Time

Relating to work or engagement in activities for less than the full number of hours considered standard or full-time.

School Age

The period in a child's life that spans from roughly 5 to 18 years, during which they attend elementary, middle, and high school.