Which Statement Is NOT One of the Four Principles of Individual

question 21

Multiple Choice

Which statement is NOT one of the four principles of individual choice?

• A)Choices are necessary because resources are scarce.
• B)Unpaid volunteer work is irrational since economic rationality dictates that individuals should only engage in work they are paid for.
• C)The true cost of something is its opportunity cost.
• D)"How Much" is a decision at the margin.

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Definitions:

Memory Test

An assessment used to evaluate an individual's ability to recall or recognize specific information.

Group Identity

The sense of belonging and identification that individuals feel with a particular group, shaped by the group’s norms, values, and characteristics.

False News

Information that is fabricated or misrepresented with the intent to deceive or mislead.

Repetition

The act or process of repeating something, often used as a method of learning or emphasizing.