You Decide Whether to Eat One More Slice of Pizza

question 40

Multiple Choice

You decide whether to eat one more slice of pizza based on how hungry you feel. This statement best represents this economic concept:

• A)Resources are scarce.
• B)The real cost of something is what you must give up to get it.
• C)"How much" is a decision at the margin.
• D)There are gains from trade.

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Definitions:

Communication

The exchange of information or ideas between individuals or groups, using verbal, non-verbal, written, or electronic means.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors.

Trust

The confidence in and reliance on the integrity, strength, and ability of a person or concept.

Open With People

Being honest, transparent, and willing to share thoughts and feelings with others.