Business, 18.02.2022 06:00, nguyendavis17

Sam is training for a triathlon, a timed race that combines swimming, biking, and running. Because his pool sessions are helping him swim more quickly, Sam plans to reduce by 1 hour per week the time he spends training on the bike and increase by 1 hour the time he spends in the swimming pool; however, his wife says that he should stop doing any biking and running and spend all 20 hours per week in the pool. Which basic principle of individual choice does this scenario illustrate? a. Many decisions are made on the margin.
b. People usually exploit opportunities to make themselves better off.
c. Resources are scarce.
d. All costs are opportunity costs.

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Sam is training for a triathlon, a timed race that combines swimming, biking, and running. Because h...