If a Decision Is Made and It Is the Best

question 162

Multiple Choice

If a decision is made and it is the best choice for society,the decision is said to be

• A) a valid economic choice.
• B) made in self-interest.
• C) made in social interest.
• D) consist with scarcity.
• E) a want-maximizing choice.

---

Definitions:

Unrestricted Resources

Funds or resources received by an organization that are not subject to stipulations on their use by donors, allowing for flexibility in allocation.

Restricted Resources

Funds or resources that are designated for specific purposes by donors, grantors, or regulatory authorities, limiting their use.

Capital Assets

Long-term assets acquired for use in a business, intended for the purpose of earning income and not for resale.

Collections

The process of pursuing payments of debts owed by individuals or businesses to creditors or service providers.