Start learning →

Relevant to the decision?

Exercise and reference answers

Left
Should count
Items
  1. Item
    Marginal benefit
    Answer
    Should count
  2. Item
    Marginal cost
    Answer
    Should count
  3. Item
    Money left now
    Answer
    Should count
  4. Item
    Sunk cost
    Answer
    Should not
  5. Item
    Money spent
    Answer
    Should not
  6. Item
    Unrecoverable fee
    Answer
    Should not
Right
Should not
Instructions
Swipe left if it should affect the choice, right if it should not.

Explanation

_Source: OpenStax Principles of Microeconomics for AP(R) Courses 2e (CC BY 4.0), Ch 2 'Choice in a World of Scarcity', sections 2.1-2.3_
Continue learning with Quill →

Browse more AP Microeconomics questions and exercises →