Which of the Following Is an Assumption That Economists Make

question 28

Multiple Choice

Which of the following is an assumption that economists make?

• A) Most people possess entrepreneurial talent.
• B) People are very good at assessing the costs of decisions accurately.
• C) Individuals and firms will act to provide the things people want.
• D) Individuals usually fail to optimize the use of their resources because they think on the margin.

Analyze and critically discuss entrepreneurial myths and realities, supporting arguments with research or theory.

Understand the concepts and differences of synchronous and asynchronous training.

Comprehend the principles of instructional design in technology-based training programs.

Identify best practices in the development of virtual training programs.

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Definitions:

Dejection

A state of melancholy, despair, or depression.

Depression

A psychological condition marked by a continuous low mood or disinterest in activities, significantly disrupting daily functioning.

Reduced Range

A limitation or decrease in the extent or scope of something, often regarding movements or options.

Contented

A state of satisfaction and happiness, often resulting from fulfilling one's needs or achieving desired outcomes.