ONE MAJOR FEATURE OF THE ECONOMIC PERSPECTIVE IS

12. One major feature of the economic perspective is:that scarcity is more important than choice.that costs are more important than benefits.→ the assumption of purposeful behavior by individuals.the idea that the economy has unproductive resources. AACSB: AnalyticBlooms: RememberDifficulty: 1 EasyLearning Objective: 01-01 Define economics and the features of the economic perspective.Topic: Economic perspectivesMultiple Choice Question Topic: Economics