Multiple Choice
Which term refers to the fact that economists believe that individuals respond in a predictable way to changes in costs and benefits?
A) opportunity cost
B) demand
C) rational behaviour
D) scarcity
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q71: Which of the following best describes economics?
Q72: Which of the following is a step
Q73: Which of the following would an economist
Q74: What does economics study? <br>A) how individuals amass
Q75: Which of the following best describes when
Q77: Which of the following is a fallacy
Q78: What is the difference between a positive
Q79: Which of the following is a normative
Q80: If a business produces and sells only
Q81: What types of exchanges does a market