The Economic Way of Thinking Includes

question 19

Multiple Choice

The economic way of thinking includes:

• A) more attention paid to benefits rather than the costs involved in any choice.
• B) the assumption that individuals choose to average out some objective.
• C) emphasis on how choices are made at the margin.
• D) the notion that the industrialized nations have solved the problem of scarcity.

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Definitions:

Tracking Employee Emails

The process of monitoring and recording the email activity of employees for security, compliance, or management purposes.

Appeal to Emotions

A persuasive technique that attempts to evoke emotional responses from the audience to garner support or agreement.

Sense of Reason

The ability to think, understand, and form judgments logically.

Persuasive

Designed or intended to convince or influence someone's opinion or behavior through argument, reasoning, or appeal.