Which of the Following Is True

question 167

Multiple Choice

Which of the following is true?

• A) Changes in personal costs and benefits will exert a predictable impact on the choices of human decision makers.
• B) Only direct monetary costs matter in making decisions.
• C) If a good is provided free to an individual, its production will not consume valuable scarce resources.
• D) Secondary effects are seldom of importance in economics.

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Definitions:

IUPAC Name

The systematic name for a chemical substance as designated by the International Union of Pure and Applied Chemistry, used to ensure consistency and clarity.

Compound

A material composed of atoms from at least two distinct elements that are chemically combined.

Polycaprolactone

A biodegradable polymer with the chemical formula (C6H10O2)n used in making polyurethane, adhesives, and biomedical devices.

Biodegradable Polymer

A type of polymer that can be broken down by microorganisms into water, carbon dioxide (or methane), and biomass, within a reasonably short period of time.