The Economizing Problem for Individuals Is a Consequence of the Fact

question 189

Multiple Choice

The economizing problem for individuals is a consequence of the fact that:

• A) Economic means or incomes are greater than economic wants
• B) Economic wants are greater than economic means or incomes
• C) Positive economics is more important than normative economics
• D) Normative economics is more important than positive economics

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Definitions:

Secondary Hydrogens

Hydrogen atoms attached to a secondary carbon, which is a carbon atom connected to two other carbon atoms in an organic molecule.

Monobrominated Product

A compound resulting from the substitution reaction where one hydrogen atom in a molecule is replaced by a bromine atom.

Ethylcyclohexane

A chemical compound consisting of a cyclohexane ring with an ethyl group attached to one of its carbons.

2,2,4-Trimethylpentane

An organic compound, also known as isooctane, widely used as a reference standard fuel in the octane rating of gasoline.