-Grant Has Four Hours of Time to Divide Between Studying

question 26

Multiple Choice

$$\begin{array} { | c | c | c | } \hline { \text { Figure 1-1 } } \\\hline \begin{array} { c } \text { Haurs } \\\text { Studying }\end{array} & \begin{array} { c } \text { Physics } \\\text { Scare }\end{array} & \begin{array} { c } \text { Gedlay } \\\text { Scare }\end{array} \\\hline [ & 4 [ & 3 [ \\\hline 1 & 50 & 60 \\\hline 2 & 60 & 80 \\\hline 3 & 85 & 90 \\\hline 4 & 90 & 100 \\\hline\end{array}$$
-Grant has four hours of time to divide between studying for a physics exam and a geology exam.Figure 1-1 shows his estimates of the grades (on a scale of 0 to 100) that he could earn from studying a particular number of hours on each subject.If he plans on spending two hours studying each subject,what would be his opportunity cost of an additional hour studying physics?

• A) 10 points on his geology exam
• B) 20 points on his geology exam
• C) 80 points on his geology exam
• D) 25 points on his physics exam
• E) 85 points on his physics exam

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Definitions:

Stability

The condition of being resistant to change and not easily upset or disturbed.

Internality

The belief in one's ability to control events and outcomes in their own life, often associated with a proactive mindset.

Externality

A term in economics where a cost or benefit that affects a party who did not choose to incur that cost or benefit.

External Attribution

The process of attributing the cause of one's own or others' behavior to external factors, rather than to internal personality traits.