A universal assumption in economic theories is that  a) people are motivated by self-interest b) what is true for one person must be true for everyone c) whatever goes up must come down d) as price increase, quantity demanded decreases

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter1: The Art And Science Of Economic Analysis
Section: Chapter Questions
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16. A universal assumption in economic theories is that 

a) people are motivated by self-interest

b) what is true for one person must be true for everyone

c) whatever goes up must come down

d) as price increase, quantity demanded decreases

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