Social Studies

Question

2. Mickey chooses to spend his money on a new bike so he can get to work faster rather than dog toys for Pluto. Which BEST DESCRIBES the cost AND benefit of his choice?

A. The cost is the amount he spent on the bike, and the benefit is the money he saved from dog toys.
B. The cost is the amount of money he would've spent on the toys, and the benefit is the money he will save riding his bike.
C. The cost is that Pluto doesn't have toys to play with, and the benefit is he gets to work faster.
D. The cost is getting to work faster, and the benefit is not having toys laying around the house.

I chose D.

Answer 1

The correct answer is B. The cost of Mickey's choice is the money he would've spent on the dog toys but chose not to, and the benefit is the money he will save by riding his new bike instead of spending money on other transportation options. Option D is incorrect because getting to work faster is not a cost, but rather a benefit of his choice.