The Opportunity Cost of One More Slice of Pizza in Terms

question 25

Multiple Choice

The opportunity cost of one more slice of pizza in terms of sodas is the

• A) number of pizza slices we have to give up in order to get one extra soda.
• B) number of sodas we have to give up in order to get one extra pizza slice.
• C) total number of sodas that we have divided by the total number of pizza slices that we have.
• D) total number of pizza slices that we have divided by the total number of sodas that we have.
• E) price of a pizza slice minus the price of a soda.

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Definitions:

Detects

To discover or identify the presence or existence of something.

Carnivores

Animals that primarily eat other animals for food.

Sensory Adaptation

Slowing or cessation of a sensory receptor’s response to an ongoing stimulus.

Stops Paying Attention

The diversion of focus or concentration away from a task or subject, leading to decreased awareness or responsiveness.