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Retnec Retnec
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7 years ago
When the outcome predicted by a theory is inconsistent with the outcome observed in the real world
A) the theory should always be discarded and replaced with a new theory.
B) we should continue to use the theory and ignore our real-world observations.
C) we should consider discarding the theory if the assumption of ceteris paribus has been violated.
D) we should consider discarding the theory unless the assumption of ceteris paribus has been violated.
E) we should change the real world.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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foliogefolioge
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7 years ago
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Retnec Author
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7 years ago
Good timing, thanks!
Holly72492
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
my2redeyes
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2 hours ago
this is exactly what I needed
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