Tim Is at a Party

question 95

Multiple Choice

Tim is at a party.The 7^th beer that Tim consumes will produce an extra benefit of 10 cents and has an extra cost of zero.The cost-benefit principle predicts that Tim will

• A) realize he has had too much to drink and go home.
• B) drink the 7^th beer and continue until the marginal benefit of drinking another beer is zero.
• C) drink the 7^th beer and continue until the marginal benefit of drinking another beer is negative.
• D) not drink the 7^th beer.
• E) drink the 7^th beer and then stop.

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Definitions:

United States

A country located primarily in North America, consisting of 50 states and a federal district, known for its diverse population and large economy.

Fetal Alcohol Syndrome

a disorder that results from alcohol exposure during the mother's pregnancy, causing growth, mental, and physical problems in the child.

Conception

The process of a sperm fertilizing an ovum, leading to the formation of a zygote and the beginning of pregnancy.

Apgar Scale

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