The economic way of thinking will A have no influence on you

The economic way of thinking will

A. have no influence on your decision making.

B. lead a person to think in normative terms.

C. allow you to make better decisions.

D. help you get rich.

Solution

Correct option (C).

Economics deals with scarcity and the problems posed by scarcity. It offers solutions for optimzing gains when resources are constrained, assuming every decision-maker is rational. So, thinking economically will make decisions better weighted in terms of cost-benefits.

The economic way of thinking will A. have no influence on your decision making. B. lead a person to think in normative terms. C. allow you to make better decisi

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