Multiple Choice
When deciding whether to buy a second car, the economic way of thinking indicates that the purchaser should compare
A) the benefits expected from two cars with the cost of both.
B) the additional benefits expected from a second car with the cost of the two cars.
C) the dollar cost of the two cars with the potential income that the cars will generate.
D) the additional benefits of the second car with the additional cost of the second car.
Correct Answer:

Verified
Correct Answer:
Verified
Q31: What is the best test of an
Q32: Which of the following is true?<br>A) Changes
Q33: To say that people make marginal decisions
Q34: The unintended consequences of an economic change
Q35: Which of the following are NOT scarce?<br>A)
Q37: When an individual weighs her options and
Q38: The economic way of thinking stresses that<br>A)
Q39: A marginal change usually is a<br>A) change
Q40: If the government provides free schooling for
Q41: In economics, the term "scarcity" refers to