Asked by
Jaelynn Rodriguez
on Oct 09, 2024Verified
Purposeful behavior suggests that:
A) everyone will make identical choices.
B) resource availability exceeds economic wants.
C) individuals may make different choices because of different desired outcomes.
D) an individual's economic goals cannot involve trade-offs.
Purposeful Behavior
Actions taken by individuals or entities aimed at achieving specific goals or outcomes, based on rational decision-making processes.
Desired Outcomes
Refers to the specific goals or results that an individual or organization aims to achieve.
Resource Availability
The extent to which necessary resources, such as materials, labor, and capital, are accessible for the production process or project execution.
- Acknowledge the role of purposeful actions in the framework of making decisions within the economy.
Verified Answer
EN
Learning Objectives
- Acknowledge the role of purposeful actions in the framework of making decisions within the economy.