Thinking in economic terms,when Mary Sweet-Tooth is deciding whether to eat another brownie,she:
A)considers only the price of the brownie.
B)considers only how much additional exercise she will need to do to work off the calories associated with eating another brownie.
C)compares all of the benefits and costs of eating another brownie.
D)considers whether she can do so without anyone else noticing.

Question

Quizplus · Accepted Answer

Economic thinking involves weighing the benefits and costs of a decision. In this case, Mary would consider the pleasure of eating another brownie compared to the cost of consuming additional calories and potential health risks. She may also consider the impact on her budget if the brownies were not free. Therefore, option C is the most appropriate answer. Option A is incomplete as price alone may not be the determining factor. Option B is not completely accurate since Mary may not be concerned about exercise or health. Option D may be a factor, but it is not directly related to economic thinking.

Thinking in Economic Terms,when Mary Sweet-Tooth Is Deciding Whether to Eat