Judge Smails and Spalding Smails are members of an exclusive country club. Both
ID: 1147314 • Letter: J
Question
Judge Smails and Spalding Smails are members of an exclusive country club. Both Judge Smails and Spalding Smails have a choice between swimming in the pool, playing golf or playing tennis. If Judge Smails chooses to play golf, and Spalding Smails chooses to play tennis, then which of the following must be false?
a. Judge Smails’ economic profit from playing golf is greater than or equal to 0.
b. Spalding Smails’ economic profit from playing golf is greater than or equal to 0.
c. Judge Smails’ economic profit from playing golf is less than Spalding Smails’ economic profit from swimming.
d. Spalding Smails’ economic profit from swimming is less than Judge Smails’ economic profit from swimming.
Explanation / Answer
Economic profit of judge Smails should only be greater than zero by playing Golf. He would not play any game if he generates zero economic profits from playing.
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