_____ have the ability to recognize constraints and may choose to incur the costs of altering them.
a. Economists
b. Rational people
c. Entrepreneurs
d. Research groups
Question 2
An indifference curve shows _____.
a. the relationship between total and marginal utility
b. the relationship between the quantity of a good and the maximum attainable satisfaction
c. the various combinations of two goods that give a consumer the same amount of satisfaction
d. the relationship between the price and quantity of a good that a consumer is able to purchase
e. that the quantities of a good that give a consumer maximum satisfaction are directly related to price
Cognitive behaviour involves problem-solving ability.
The three stages we go through to develop the ability of taking the role of the other.
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