Which of the Following Is a Principle Concerning How People

question 38

Multiple Choice

Which of the following is a principle concerning how people interact?

• A)Markets are usually a good way to organize economic activity.
• B)Rational people think at the margin.
• C)People respond to incentives.
• D)All of the above are correct.

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Definitions:

Cooperative

Pertaining to a group, business, or organization that is owned and run jointly by its members, who share the benefits and responsibilities.

Depressant Drugs

Substances that reduce the activity of the central nervous system and can lead to relaxation, reduced anxiety, or sleepiness.

Psychological Dependence

A condition characterized by a perceived need to continue using a substance due to emotional or psychological reliance, despite potential harm.

Medications

substances used in the treatment, diagnosis, or prevention of diseases and for relieving pain or affecting the structure of any part of the body.