22. Economics is primarily the study of
a. how individuals make choices because of scarcity.
b. how to succeed in business.
c. how to make money in the stock market.
d. how the values and preferences of people are formed.
ANS: A PTS: 1 DIF: Easy NAT: BUSPROG: Analytic
STA: DISC: Scarcity, tradeoffs, and opportunity cost TOP: What is Economics About?
KEY: Bloom's: Knowledge
23. Economics is primarily the study of
a. how to make money in the...