An Economic Approach Used to Search Out Answers to Questions

question 73

Multiple Choice

An economic approach used to search out answers to questions about the real world depends on the principles of:

• A)scarcity and rational self-interest.
• B)cost and benefit.
• C)public good and private good.
• D)economic good and economic bad.
• E)self-interest and selfishness.

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Definitions:

Axilla

The area of the body under the joint that connects the arm to the shoulder, commonly known as the armpit.

Ambulate

To walk, not be confined to bed.

Flexibility

The ability to adapt to new, different, or changing requirements.

Flexion

A bending movement around a joint in a limb (like the knee or elbow) that decreases the angle between the bones of the limb at the joint.