Tommy Spends Most of His Monthly Budget on $3 Video

question 248

Multiple Choice

Tommy spends most of his monthly budget on $3 video game rentals or $6 packets of Pokemon cards.The opportunity cost to Tommy of an extra packet of Pokemon cards is

• A)one video game rental.
• B)two video game rentals.
• C)the cost of the Pokemon cards.
• D)he does not incur an opportunity cost.

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Definitions:

Homeostatic Mechanism

The physiological process by which internal systems of the body maintain a stable, balanced state in response to external changes.

Threat of Punishment

A method used to decrease the likelihood of a behavior by warning of negative consequences.

Dehydration

A condition resulting from excessive loss of body water, impairing normal bodily functions.

Outstanding Performance

Exceptionally high achievement or skill level in a particular area or activity exceeding the standard norms.