Which of the following principles underlies the economics of individual choices?
A) There are gains from trade.
B) Markets move toward equilibrium.
C) People usually exploit opportunities to make themselves better off.
D) Resources should be used as efficiently as possible to achieve society's goals.
Correct Answer:
Verified
Q86: Specialization and trade usually lead to:
A)lower economic
Q88: Who wrote The Wealth of Nations,a book
Q95: Intel finds it difficult to hire enough
Q96: Corner offices in high-rise office buildings usually
Q96: Gains from trade arise because of:
A)specialization in
Q97: The student center on campus has burritos,
Q98: You like to read Vogue and Sports
Q99: A busy professor can't decide whether to
Q101: Which of the following statements is NOT
Q108: If every individual were required to be
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