Author Question: The trade-offs facing workers include all of the following EXCEPT: A) decision to work or remain ... (Read 41 times)

robinn137 · **on:** Jul 1, 2018

The trade-offs facing workers include all of the following EXCEPT:

A) decision to work or remain outside the workforce.
B) decision to work or seek additional education.
C) decision to work for a large corporation or a small firm.
D) decision to allocate their time between work and leisure.
E) All of the above are trade-offs facing workers.

Question 2

A consumer prefers market basket A to market basket B, and prefers market basket B to market basket C. Therefore, A is preferred to C. The assumption that leads to this conclusion is:

A) transitivity.
B) completeness.
C) all goods are good.
D) diminishing MRS.
E) assumption of rationality.