Multiple Choice
Which of the following is not one of the four principles of individual decision making?
A) People face trade-offs.
B) Trade can make everyone better off.
C) People respond to incentives.
D) Rational people think at the margin.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: Katie is planning to sell her house,and
Q5: When you calculate your true costs of
Q6: When the government implements programs such as
Q7: The Get-There-Safe Bus company incurs an average
Q8: If Faith attends college,it will take her
Q9: Something that induces a person to act
Q10: In the former Soviet Union,producers were paid
Q11: Guns and butter are used to represent
Q107: The opportunity cost of an item is<br>A)the
Q153: A rational decisionmaker<br>A)ignores marginal changes and focuses