When deciding whether to engage in an activity or how much to do, people should follow

A) the principle of microeconomics. B) the marginal principle.
C) the principle of macroeconomics. D) the law of supply and demand.


B

Economics

You might also like to view...

Define money and list its functions

What will be an ideal response?

Economics

Refer to the scenario above. Jacob should submit a bid of ________

A) $500 B) $400 C) $300 D) $225

Economics

Why does the absence of well-defined property rights serve as a stumbling block for the application of the Coase theorem?

What will be an ideal response?

Economics

Which of the following will increase investment spending in the economy, holding everything else constant?

A) an increase in the federal government surplus B) an increase in transfer payments C) an increase in the budget deficit D) an increase in consumer dissavings

Economics