The Thinking Underlying the Development of Economics Is Based on John

question 42

Multiple Choice

The thinking underlying the development of economics is based on John Stuart Mills' theory that:

• A)behaviour should be based on what provides the greatest good to the greatest number
• B)behaviour should be based on what is best for the individual
• C)behaviour should be based on taking advantage of people to achieve a certain end
• D)behaviour should be based on treating loyal customers and suppliers favourably

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Definitions:

Antibiotics

Medicinal substances used to treat bacterial infections by either killing bacteria directly or inhibiting their growth.

Chytrid

A group of mostly aquatic fungi that play a role in decomposing organic matter and can sometimes be harmful to amphibians.

Chitin

A long-chain polymer of N-acetylglucosamine, a derivative of glucose, forming a hard, protective exoskeleton in arthropods and cell walls of some fungi.

Wheat Rust

A disease caused by fungi that affects wheat crops, leading to significant yield losses.