Which Statement Is NOT True

question 17

Multiple Choice

Which statement is NOT true?

• A)Resource scarcity is a major economic concern in the rich countries of the world.
• B)Most opportunity costs are zero.
• C)An economic situation is in equilibrium when no individual would be better off taking a different action.
• D)Very talented individuals,who can do most things better than most people,may still benefit greatly from specializing in doing one thing.

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Definitions:

Emotional Stability

A personality trait characterized by the consistency of an individual’s moods and emotions over time, indicating less susceptibility to emotional turmoil.

Five-factor Model

A theoretical model describing personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Core Self-evaluations

A personality trait concept that refers to fundamental assessments individuals make about their self-worth and capabilities.

Emotional Stability

The ability of an individual to maintain emotional balance and remain calm and composed under pressure.