Which of the following is a principle concerning how people interact?
A) Markets are usually a good way to organize economic activity.
B) Rational people think at the margin.
C) People respond to incentives.
D) All of the above are correct.
Correct Answer:
Verified
Q14: The principle that "trade can make everyone
Q15: Which of the following statements about trade
Q16: If the United States decides to trade
Q17: When the United States trades with China,
A)both
Q20: Trade makes costs
A)higher and reduces the variety
Q21: Adam Smith's book The Wealth of Nations
Q22: Which of the following statements best characterizes
Q24: Which of the following statements about markets
Q166: Prior to the collapse of communism, communist
Q169: Which is the most accurate statement about
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents