Which of the following statements is false?

a. Economists look at the factors that lead an individual to decide that a particular idea is in his or her best interest.
b. Economists do not ask whether a particular decision is in the individual's best interest.
c. Choices must be made because of scarcity.
d. A particular choice is made by an individual because that choice provides the greatest satisfaction.
e. None of these statements is false, they are all true.

e

Economics

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If you pay $4,888 for a $5,000 face value one-year Treasury bill, what is the rate of interest you will receive?

A) 1.02% B) 2.29% C) 4.46% D) 9.78%

Economics

The "laissez-faire perspective" in antitrust policy strongly espouses in the following beliefs, except:

A. Competition among firms is a battle for dominance B. The focus of antitrust policy should be on market structure rather than behavior C. Competition and creative destruction could lead to monopolies D. Monopoly pricing and profits create incentives for firms that are economically beneficial

Economics