Economics Promotes Which of the Following as the Way to Make

question 209

Multiple Choice

Economics promotes which of the following as the way to make the best decision?

• A)Continue an enjoyable activity as long as you do not have to pay for it.
• B)Continue an enjoyable activity until it is no longer enjoyable.
• C)Continue an enjoyable activity until you cannot afford to pursue it.
• D)Continue an enjoyable activity up to the point where its marginal benefit equals its marginal cost.

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Definitions:

Theories

Systematically organized principles or explanations proposed to understand phenomena and facilitate predictions in various disciplines.

Methods

Techniques, strategies, or procedures used in the pursuit of knowledge, for problem-solving, or in conducting research.

Self-help Groups

Peer-led groups that offer members support and advice for managing or overcoming specific illnesses, conditions, or life challenges.

Therapist

An expert educated to offer psychological advice and assistance to individuals, pairs, or collectives.