Which of the Following Is NOT One of the Three

question 54

Multiple Choice

Which of the following is NOT one of the three fundamental concepts of economics?

• A) profit maximization
• B) marginalism
• C) opportunity cost
• D) the working of efficient markets

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Definitions:

White Collar Crimes

Refers to financially motivated nonviolent crimes committed by business and government professionals.

Blue Collar Crimes

Crimes committed by individuals from a lower socio-economic background, usually involving manual labor or non-office environments, and often include theft, vandalism, or assault.

Dependent Personality Disorder

A psychological disorder marked by an overwhelming desire for care, resulting in dependent and needy actions, alongside a deep fear of being left alone.

Schizophrenia

A long-term mental disorder involving a breakdown in the relation between thought, emotion, and behavior, leading to faulty perception, inappropriate actions and feelings, withdrawal from reality and personal relationships into fantasy and delusion, and a sense of mental fragmentation.