The Basic Concern of Economics Is To

question 124

Multiple Choice

The basic concern of economics is to:

• A) keep business firms from losing money.
• B) prove that capitalism is better than socialism.
• C) study the choices people make.
• D) use unlimited resources to produce goods and services to satisfy limited wants.

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Definitions:

Alert

A state of active attention and readiness to respond to potential threats or important occurrences.

Prefrontal Cortex

The front part of the frontal lobe of the brain, involved in complex behaviors including planning, decision making, moderating social behavior, and expressing personality.

Activation

The process of stimulating an action or behavior; in psychology, it refers to the arousal of the nervous system prompting mental and physical responses.

Delight

A high degree of pleasure or enjoyment; joy.