0. Basic Principles of Economics

The resource-based view of the firm combines which of the following perspectives?

Which of the following best represents a planned approach, and which best represents a market approach in economic systems?

Which of the following statements about an economic model is true?

Which of the following best describes the type of human behavior that economists should observe when creating positive economic models?

From a neoclassical viewpoint, government should focus less on:

Government failure occurs when the benefits of regulation are:

Economic groups have an advantage over noneconomic groups in part because:

Economic policy must strike a balance between ideals and which of the following?

According to the concept of bounded rationality, managers make decisions ________.