John Decides to Leave College Early and Play Professional Sports

question 301

Multiple Choice

John decides to leave college early and play professional sports.Which of the following economic principles does John use?
i.personal economic policies
ii.marginal cost versus marginal benefit analysis
iii.normative versus positive economics

• A) i and ii
• B) i, ii and iii
• C) ii only
• D) i and iii
• E) ii and iii

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Definitions:

Representative Figures

Individuals or symbols that exemplify or stand for a larger group, concept, or theory in discussions or analyses.

Ginkgophyta

A division of plants that includes a single living species known as Ginkgo biloba, characterized by unique fan-shaped leaves and medicinal properties.

Anthophyta

A taxonomic group comprising all flowering plants, characterized by the presence of flowers and seeds enclosed in a fruit.

Phloem

The vascular tissue in plants responsible for the transport of nutrients and carbohydrates produced by photosynthesis.