Which of the Following Is Not One of the Four

question 4

Multiple Choice

Which of the following is not one of the four principles of individual decision making?

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

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Definitions:

Monogamy

One person is married exclusively to another person.

Exclusively Married

A state or condition in which individuals are married and do not engage in marital relationships with anyone else.

Nuclear

Refers typically to a nuclear family, a family unit consisting of two parents and their children, as opposed to extended family.

Family Myths

Unquestioned beliefs or fabricated narratives within a family that shape the family's identity and behavior but may not be based on facts.