Which of the Following Is Called an Exclusion Operator

question 6

Multiple Choice

Which of the following is called an exclusion operator?

• A) A plus sign (+)
• B) A minus sign (-)
• C) OR
• D) AND

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Definitions:

Economic Assumption

A foundational concept in economics that simplifies analysis by presuming conditions like rational behavior, market equilibrium, and fixed resources.

Marginal Benefit

The additional satisfaction or utility obtained from consuming or producing one more unit of a good or service.

Marginal Cost

The increase in total cost that arises from producing one additional unit of a product.

Society's Well-Being

The overall economic and social conditions under which a community or society operates and thrives.