« previous next »

Author Question: If a model's predictions are correct, then A) its assumptions must have been correct. B) it is ... (Read 138 times)

fagboi

  • Hero Member
  • *****
  • Posts: 535
on: Jul 1, 2018
If a model's predictions are correct, then
 
  A) its assumptions must have been correct.
  B) it is proven to be correct.
  C) Both A and B above.
  D) None of the above.

Question 2

If a monopoly can advertise and as a result the demand curve will become more inelastic, the monopoly
 
  A) should always engage in the advertising.
  B) should engage in the advertising until the demand curve becomes more elastic.
  C) will earn higher gross profit if it advertises.
  D) None of the above.


aprice35067

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Anxiety model. Stressful events lead to symptoms of anxiety, which can be resolved by coping ... Anxiety model. Stressful events lead to symptoms of anxiety, which can be resolved by coping ...
A model for kinetochore structure and organization A model for kinetochore structure and organization
The Malthusian Model The Malthusian Model
An additive model for the inheritance of height in the Potsdam Guards. In this example, the guards a An additive model for the inheritance of height in the Potsdam Guards. In this example, the guards a
Descartes's model of simple reflexes Descartes's model of simple reflexes
The Gene Expression Machine Model for Coupling The Gene Expression Machine Model for Coupling
Video: Cell mediated immune response to a viral infection Animation

For a complete list of videos, visit our video library