+1-415-670-9189
info@expertsmind.com
Economics why are theories not cent per cent correct
Course:- Microeconomics
Reference No.:- EM13601473





Assignment Help >> Microeconomics
Why are theories not cent per cent correct whether in economics, chemistry, or physics? Why is it more so in economics?



Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Microeconomics) Materials
A supermarket chain has devised the following formula for maximizing its sales: S = -30x2 + 5a2 - ax + 100x + 1,000, where s = sales, x = square feet of the store in units
Regulators are considering controlling the emissions from two local power plants. The marginal benefits (the demands for effluent) derived by these plants from being able to p
why do we consider a business-cycle expansion different from long-run economic growth  why do we care about the size of the long-run growth rate of real GDP versus the size
Determine the possible circumstances under which the company should discontinue operations. Suggest key actions that management should take in order to confront these circum
Py =4 and Uo is the maximal level utility when Px =5, Py =4 and I =100. find the the compensated demand curve (or of Hicks) and draw it on the same graph. for what value of
The Einstein Bagel Corp. offers a frequent buyer program whereby a consumer receives a stamp each time she purchases one dozen bagels for $5. After a consumer accrues 10 stamp
Calculate the Herfindahl-Hirschman index (HHI) for each of the following industries. Which industry is the most concentrated? a. An industry with five firms that have the foll
A measurement is considered to be satisfactory if it is within 5 ppm of the true concentration. Of the 50 measurements, 37 were satisfactory. What proportion of the sampl