Mariana has an hour of free time during which she could either go for a run or swim at the local pool. She decides to swim. Economists would conclude that Mariana:
A)is revealing a preference for swimming over running.
B)will receive less utility from swimming than playing soccer.
C)was unable to go for a run at that time.
D)is more skilled at swimming than running.

Question

Quizplus · Accepted Answer

Mariana's choice to swim over going for a run indicates her preference for swimming during that hour, as per the concept of revealed preference in economics. This concept suggests that individuals reveal their preferences through their choices and actions.

Mariana Has an Hour of Free Time During Which She