Which of the Following Is Part of the Economic Way

question 147

Multiple Choice

Which of the following is part of the economic way of thinking?

• A) Opportunity costs will always be incurred when scarce resources are used to produce a good.
• B) When the cost of an option increases, individuals will be less likely to choose it.
• C) In addition to their immediate direct effects, economic actions often generate secondary effects that are observable only after the passage of time.
• D) All of the above are part of the economic way of thinking.

---

Definitions:

Suicide

The deliberate act of ending one's own life.

United States

A country composed of 50 states and a federal district, spanning a large part of North America, known for its significant cultural and political influence globally.

Suicide

The act of intentionally causing one's own death.

English Language

A West Germanic language that originated from Anglo-Frisian dialects brought to Britain in the mid-5th to 7th centuries AD and is now the global lingua franca.