An opinion based on personal preferences and value judgments is called
A) an objective concept.
B) a subjective concept.
C) an unintended consequence.
D) ceteris paribus.
Correct Answer:
Verified
Q215: Some individuals or families can become completely
Q216: Economics is primarily the study of
A) how
Q217: The basic ingredients in any economic decision
Q218: Economic choice and competitive behavior are the
Q219: Capital is a term economists use to
Q220: Every economy must ration goods in some
Q221: When price is the rationing criterion, individuals
Q222: Economics is primarily the study of
A) how
Q224: A fact based on observable phenomenon that
Q225: Which of the following are NOT scarce?
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents