Consider that you are getting ready to leave outside in the morning,and weather forecasters predict rain.If you decide to take your raincoat and it rains,which of the following is the corresponding payoff?
A)There is no cost for dry cleaning your suit,but you were burdened by carrying the raincoat.
B)There is no cost for dry cleaning your suit,and you were not burdened by carrying the raincoat.
C)There is a cost for dry cleaning your suit,and you were burdened by carrying the raincoat.
D)There is a cost for dry cleaning your suit,but you were not burdened by carrying the raincoat.

Question

Quizplus · Accepted Answer

If you decide to take your raincoat and it rains, you avoid the cost of dry cleaning your suit because the raincoat protects it. However, you were burdened by carrying the raincoat.

Consider That You Are Getting Ready to Leave Outside in the Morning,and