John Is an Athlete

question 84

Multiple Choice

John is an athlete.He has $120 to spend and wants to buy either a heart rate monitor or new running shoes.Both the heart rate monitor and running shoes cost $120,so he can only buy one.This illustrates the principle that

• A)trade can make everyone better off.
• B)people face trade-offs.
• C)rational people think at the margin.
• D)people respond to incentives.

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Definitions:

Older People

This group typically refers to individuals of an advanced age, often characterized by increased experience and wisdom, but also potentially facing age-related challenges and health issues.

More Anxious

Refers to a heightened state of worry, nervousness, or unease about something with an uncertain outcome.

Happier

Experiencing or showing feelings of joy, satisfaction, or contentment.

Self-Improvement

The personal development and growth achieved through conscious efforts, often aimed at enhancing one's skills, qualities, or life situation.