Which of the Following Scenarios Describes an Action That Is

question 280

Multiple Choice

Which of the following scenarios describes an action that is not rational from an economic point of view?

• A) After drinking one martini (shaken, not stirred), James buys and drinks a second martini even though the marginal benefit of the second martini is lower than the marginal benefit of the first.
• B) Eric buys a replacement ticket to the basketball game after he realizes that he accidentally left his original ticket at home.
• C) Emily chooses to attend a social event on Tuesday night instead of studying even though she has an important exam on Wednesday morning.
• D) US Airways sells a last minute ticket to Don for $50 even though its average cost per passenger is $250.
• E) None of the above

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Definitions:

Polymer Backbone

The continuous chain of carbon atoms in a polymer, to which other atoms or chains are attached.

Isotactic

pertaining to polymers where all substituent groups are oriented on the same side of the polymer chain, giving specific physical properties.

Isotactic Polypropylene

A type of polypropylene where all the methyl groups are aligned on the same side of the polymer chain, leading to a high degree of crystallinity.

Atactic Poly(acrylonitrile)

A type of polyacrylonitrile polymer where the methyl side groups are randomly distributed along the polymer chain, leading to an amorphous material.