Question

Which of the following statement/s is/are true?
i. In making choices, individuals respond to incentives.
ii. Trade-offs occurs due to scarcity.
iii. Exchange is not a core component of Economics.
iv. Information asymmetry is good for consumers to take right decisions. (a) Only (i) and (ii) are true (c) Only (i) is true (b) Only (iii) and (iv) are true (d) Only (ii) is true ​

Answer 1

Answer:

3 and 1 is true

Explanation:

because the 3 and 1 are the correct statements ✅✅✅