Which of the Following Principles Is Not One of the Four

question 239

Multiple Choice

Which of the following principles is not one of the four principles of individual decisionmaking?

• A) People face tradeoffs.
• B) Trade can make everyone better off.
• C) People respond to incentives.
• D) Rational people think at the margin.

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Definitions:

Potential Resources

Assets or capabilities that could be utilized or developed to achieve goals, but are not yet actively employed.

Constructive Resistance

A form of opposition or dissent that is aimed at bringing about positive change, often within organizational or social contexts.

Thoughtful Dissent

The act of expressing a well-reasoned disagreement or an alternative viewpoint in a constructive manner, often contributing to more robust decision-making.

Working Around

Finding temporary solutions or alternative methods to accomplish tasks or overcome problems when the usual processes are unavailable.