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Instead of studying for an additional two hours for the economics final, Leann d

ID: 1226447 • Letter: I

Question

Instead of studying for an additional two hours for the economics final, Leann decides to watch a movie. Leave making a decision that does not involve an opportunity cost. a rational decision it her marginal cost from the movie is greater than her marginal benefit O a rational decision if her marginal benefit from the movie is greater than her marginal cost. > an irrational decision because studying is more important than watching a movie. % a decision that is not on the margin because she will see the entire movie is greater than her marginal benefit. a rational decision if her marginal benefit from the movie is greater than her marginal cost. an irrational decision because studying is more important than watching a movie. a decision that is not on the margin because she will see the entire movie.

Explanation / Answer

Option (c).

Any decision is rational if its marginal benefit exceeds its marginal cost.