Multiple Choice
Pat can either drive to work, which takes half an hour and uses $1.50 worth of gas, or take the bus, which takes an hour and costs $1.00. How should Pat get to work?
A) Pat should always take the bus because it costs $0.50 less.
B) Pat should always drive because it saves half an hour.
C) Pat should drive if saving a half hour is worth $0.50 or more.
D) Pat should take the bus if a half hour of time is worth $0.50 or more.
Correct Answer:

Verified
Correct Answer:
Verified
Q7: The following table shows the relationship
Q8: Microeconomics is distinguished from macroeconomics in that
Q9: An editorial in the paper argues that
Q10: You paid $35 for a ticket (which
Q11: Which of the following would not be
Q13: With ATMs, it is possible to retrieve
Q14: Chris has a one-hour break between classes
Q15: The cost-benefit principle indicates that an action
Q16: The following table shows the relationship
Q17: The range of topics or issues that