In making your decision whether to take a trip during Spring Break, you compare all the other activities you could undertake.As a result, you
A) are making a choice on the margin.
B) incur a sunk cost.
C) are not making a rational choice.
D) do not face an opportunity cost.
E) must have made a choice in the social interest.

Question

Quizplus · Accepted Answer

By comparing all the other activities, you are making a choice on the margin. This means you are weighing the costs and benefits of taking a trip during Spring Break against the costs and benefits of other options, ultimately making a decision based on what provides the best marginal benefit.

In Making Your Decision Whether to Take a Trip During