Which of the Following Statements Is False

question 81

Multiple Choice

Which of the following statements is false?

• A)Anytime you have to decide which action to take you are facing an economic trade-off.
• B)Trade-offs do not apply when the consumers purchase a product for which there is excess supply,such as a stock clearance sale.
• C)Every individual,no matter how rich or poor,is faced with making trade-offs.
• D)Economics is a social science that studies the trade-offs we are forced to make because of scarcity.

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Definitions:

Human Female

An adult human being of the female sex, characterized biologically by two X chromosomes but defined beyond biology by a complex interplay of roles, expectations, and cultural identities.

Human Male

An adult member of the species Homo sapiens characterized by a Y chromosome, producing distinctive biological and reproductive traits compared to females.

Mental Disorders

A wide range of conditions that affect mood, thinking, and behavior, often causing distress or impairment in functioning.

Ethnic Groups

Socially defined categories of people who identify with each other based on shared cultural, ancestral, or national experiences.