Economists assume people are motivated by

A) unlimited resources.
B) pride.
C) self-interest.
D) social justice.


C

Economics

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Illustrate with a graph the effects of fiscal policy when exchange rates are fixed

What will be an ideal response?

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From 1973 to 1995 the growth rate of labor productivity in the U.S. was approximately

a. ?0.8%. b. 1.4%. c. 2.9%. d. 5.1%.

Economics

_______ is (are) the relationship between the maximum amounts of output a firm can produce and various quantities of inputs.

A. A production function B. The law of diminishing returns C. Economies of scale D. Diseconomies of scale

Economics

A potential benefit that comes from social regulations would be

A. higher tax collections. B. more layoffs. C. higher costs. D. a cleaner environment.

Economics