Jared Declines to Purchase a New Bicycle Priced at $200

Multiple Choice

Jared declines to purchase a new bicycle priced at $200.An economist would conclude that:

A) Jared does not enjoy riding a bicycle.
B) the expected marginal benefit of the bicycle to Jared exceeds $200.
C) the expected marginal benefit of the bicycle to Jared is less than $200.
D) the expected marginal benefit of the bicycle to Jared is less than $100.