Rational, or Not?
Quiz
•
Social Studies
•
University
•
Medium
Rachel Shafer
Used 2+ times
FREE Resource
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Eli has a job that pays him $10/hr. He doesn't normally like to pay more than $3 for an ice cream cone, so last week he left work a half-hour early to get a free ice cream cone that normally costs $4.50.
Rational
Irrational
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Sam forgot to eat breakfast yesterday, so he offered to pay someone in his class $5 for their Snickers chocolate bar.
Could be Rational
Cannot be Rational
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Jane has $5,000 in her chequing account that she is not spending and is earning no interest. She also has a savings account with the same bank that earns 1 percent interest.
Rational
Irrational
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Tom loves cars and just bought a classic Mustang for $15,000. As he was driving home, his neighbour offered to buy the car from him for $20,000, but Tom refused.
Could be Rational
Cannot be Rational
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A.Cate had a chance to buy sold-out Taylor Swift tickets with a $100 face value for $150 last week, but she was not willing to pay $150 to see Taylor Swift. Today she won the same tickets in a radio contest. When someone offered to pay her $150, she refused to sell.
Rational
Irrational
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