4
QuizMultiple Choice

Introduction to Economics — Quiz

Question 4 • Economics

Every economic decision has

Answer
A
unavoidable limitations.
B
a consequence or tradeoff.
C
only positive benefits.
D
gained opportunities.

Explanation

Because resources are limited, choosing one option means giving up another. That creates a tradeoff, and the choice has consequences. “Only positive benefits” is wrong because decisions can involve costs as well as benefits.

AI-written and checked against the verified answer.

Previous
Next