Which Is Not a Pillar of the Neoclassical Approach

question 7

Multiple Choice

Which is not a pillar of the neoclassical approach?

• A) Pareto efficiency
• B) positive economics
• C) methodological individualism
• D) equilibrium
• E) rational choice

---

Definitions:

Derived Demand

A demand for a commodity, service, etc., that is a consequence of the demand for something else.

Proposals

Formal offers or plans submitted for evaluation or consideration to undertake a project or relationship.

Web Portal

A website that provides access to a variety of services and information, acting as a gateway on the Internet.

Internet Site

A location on the World Wide Web, identified by a specific URL, where information or services are provided.