Economists believe that individuals compare the benefits and costs of various options when making decisions and in so doing act
A) fairly.
B) selfishly.
C) collectively.
D) unpredictably.
E) rationally.
Correct Answer:
Verified
Q73: Restaurants,bars,and convenience stores are often located near
Q74: When most economists wake up in the
Q75: The government has been considering doing away
Q76: Economists believe that optimal decisions are made
Q77: Why would economists find it surprising if
Q79: The opportunity cost of going to school
Q80: The opportunity cost of working rather than
Q81: When trade is voluntary,who benefits?
A) the seller
B)
Q82: Comparative advantage emerges because of the presence
Q83: More oranges are grown in Florida than
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