Which of the following statements is false?
A) Economists look at the factors that lead an individual to decide that a particular idea is in his or her best interest.
B) Economists do not ask whether a particular decision is in the individual's best interest.
C) Choices must be made because of scarcity.
D) A particular choice is made because that choice provides the individual making the choice with the greatest satisfaction.
E) None of these statements is false-they are all true.
Correct Answer:
Verified
Q29: Which of the following sayings best represents
Q31: To an economist, scarcity means that
A) it
Q32: To say that something is scarce means
Q33: Which statement concerning opportunity costs is false?
A)
Q33: The basic economic problem is:
A)inflation.
B)unemployment.
C)poverty.
D)scarcity.
E)lack of money.
Q34: To say that there is a scarcity
Q35: The opportunity cost of studying economics tonight
Q38: Choices are not made because of limited
A)
Q40: The total cost of attending college
A) includes
Q41: A skilled worker is an example of
A)
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