Lower Saxony BG Volkswirtschaft Practice Questions - Lower Saxony Zentralabitur Volkswirtschaft (Berufliches Gymnasium - Wirtschaft) Exam

The 'ökonomisches Prinzip' (economic principle) states that decision-makers should:

Achieve a given goal with minimal means, or maximise results from given means Always spend the entire budget regardless of outcomes Ignore scarcity and treat all goods as free Replace all market prices with random lotteries

Correct Answer:

Achieve a given goal with minimal means, or maximise results from given means

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