A theory
A. is usually based on a set of value judgments.
B. cannot be tested.
C. is a possible explanation for a natural phenomenon.
D. always fits with real-world data.
C. is a possible explanation for a natural phenomenon.
Economics
You might also like to view...
Refer to Table 2-1. Assume Tomaso's Trattoria only produces pizzas and calzones. A combination of 24 pizzas and 30 calzones would appear
A) along Tomaso's production possibilities frontier. B) inside Tomaso's production possibilities frontier. C) outside Tomaso's production possibilities frontier. D) at the horizontal intercept of Tomaso's production possibilities frontier.
Economics
A surplus in a labor market exerts an upward pressure on the equilibrium wage rate
a. True b. False Indicate whether the statement is true or false
Economics