Instead of Studying for an Additional Two Hours for the Economics

question 10

Multiple Choice

Instead of studying for an additional two hours for the economics final,Leann decides to watch a movie.Leann is making

• A) a decision that does not involve an opportunity cost.
• B) a rational decision if her marginal cost from the movie is greater than her marginal benefit.
• C) a rational decision if her marginal benefit from the movie is greater than her marginal cost.
• D) an irrational decision because studying is more important than watching a movie.
• E) a decision that is not on the margin because she will see the entire movie.

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Definitions:

Burglary

The unlawful entry into a building or other location with the intent to commit theft or any felony.

10-11 P.M.

A time slot in the late evening, often associated with adult-oriented television programming or the hour before midnight.

4-5 A.M.

A time period in the early morning often considered quiet and still, sometimes associated with spiritual or reflective practices.

5-7 P.M.

A time period in the evening often considered as "rush hour" or a transitional time between work and home life for many people.