Which Statement Is NOT One of the Four Principles That

question 88

Multiple Choice

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

• A)Choices are necessary because resources are scarce.
• B)Overall spending sometimes gets out of line with the economy's productive capacity.
• C)"How much" is a decision at the margin.
• D)People usually respond to incentives,exploiting opportunities to make themselves better off.

---

Definitions:

Software Production Costs

Expenses associated with the development, design, and implementation of software, which may be capitalized or expensed depending on the stage of development.

Technological Feasibility

The point at which it can be demonstrated that a new technology will function as intended.

Marketed

The process of promoting or selling goods and services, including market research and advertising.

Intangible Asset

An asset that lacks physical substance and is not financial in nature, which is identifiable and provides economic benefits or advantages to the owner.