Author Question: When Gabriel made a rational choice to spend his entire allowance on candy bars, he did so by ... (Read 80 times)

123654777 · **on:** Jun 29, 2018

When Gabriel made a rational choice to spend his entire allowance on candy bars, he did so by comparing the

A) benefits of the candy bars to the desires he had for the candy bars.
B) marginal benefits of the candy bars to the marginal costs of the candy bars.
C) opportunity costs of the candy bars to the scarcity of the candy bars.
D) benefits of the candy bars to the scarcity candy bars.
E) self-interest to the social interest.

Question 2

The law of demand refers to how

A) demand changes when people's incomes change.
B) demand changes when the prices of substitutes and complements change.
C) the quantity demanded changes when the price of the good changes.
D) the price of the good changes when people's demand for the good changes.
E) the quantity demanded changes when the demand for the good changes.

bobsmith · **Reply #1 on:** Jun 29, 2018

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