You Purchase a $30, Nonrefundable Ticket to a Play at a Local

question 75

Multiple Choice

You purchase a $30, nonrefundable ticket to a play at a local theater. Ten minutes into the show you realize that it is not a very good show and place only a $10 value on seeing the remainder of the show. Alternatively you could leave the theater and go home and watch TV or read a book. You place an $8 value on watching TV and a $6 value on reading a book.

• A)You should leave the theater since the net benefit from seeing the remainder of the show is -$20, while going home will earn you at least $8 of satisfaction.
• B)You should stay and watch the remainder of the show.
• C)You should go home and watch TV.
• D)You should go home and read a book.

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Definitions:

Superior Colliculi

Paired structures located in the midbrain involved in visual processing, eye movements, and integrating sensory input with motor output.

Olives

Small, oval fruits rich in oil, commonly used in cooking and as garnishes, and known for their health benefits.

Pyramids

Structures located in the medulla oblongata of the brain involved in transmitting motor information.

Brainstem

The structure in the lower part of the brain that connects the cerebrum with the spinal cord, playing a vital role in controlling autonomic functions.