Timed race that combines swimming-running and biking

Reference no: EM13686788

Maria is training for a triathlon, a timed race that combines swimming, running and biking.

Consider the following sentence: Because her pool sessions are helping her swim more quickly, Maria plans to reduce by one hour per week the time she spends training on the bike and increase by one hour the time she spends in the swimming pool; but, her husband says that she must stop doing any running and biking and spend all 20 hours per week in the pool.

Which basic principle of individual choice does Maria's plan illustrate that her husband's advice does not?

1. Resources are scarce.

2. People usually exploit opportunities to make themselves better off.

3. All costs are opportunity costs.

4. Many decisions are made on the margin.

Reference no: EM13686788

Questions Cloud

Evaluate what the magnitude of that current : A 0.90 m H inductor stores 5.0 x 10-5 Joule when carrying a DC current. Evaluate what the magnitude of that current

Discussion of the security analysis techniques : A discussion of the security analysis techniques used by the investment "guru" Benjamin Graham. Discuss the technique that Graham suggests and provide the link to your favorite source on value investing to your classmates.

How much producer surplus is created now : The minimum price at which a few of the producers are willing to sell a pound of cheese is $0.06, and the price floor is set at $0.17 per pound. With the price floor at $0.17 per pound of cheese, producers sell 212.5 billion pounds of cheese (some to..

Find how much charge would it record when coil is flipped : A 3 centimeter radius 120-turn coil of 12.5 ohm resistance rotates about a diameter in a uniform magnetic field of 0.13 T. find how much charge would it record when the coil is flipped

Timed race that combines swimming-running and biking : Maria is training for a triathlon, a timed race that combines swimming, running and biking. Because her pool sessions are helping her swim more quickly, Maria plans to reduce by one hour per week the time she spends training on the bike and increase ..

Obtain the resonant frequency of this circuit : A series RLC circuit has a 100 Ω resistor, a 0.10 µF capacitor and a 2.0 mH inductor connected across a 120 Volt rms ac voltage source operating at (1000/pi) Hertz. Obtain the resonant frequency of this circuit

Determine the new temperature of the gas : A gas at temperature T0 and atmospheric pressure fills a cylinder. The gas is transferred to a new cylinder with two times the volume, Determine the new temperature of the gas

Determine how many coulombs of positive charge : Assume you have 2 mol of O2 gas. Determine how many coulombs of positive charge are contained in this gas in the atomic nuclei

Presume that the economy is in long-run equilibrium : Presume that the economy is in long-run equilibrium. For each of the following two scenarios describe what happens to aggregate demand, price level, and output and illustrate your answer with a graph.

User Account

All Pages