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Of the following, which is the most important characteristic of a successful theory?

nitnit

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Of the following, which is the most important characteristic of a successful theory?

Of the following, which is the most important characteristic of a successful theory?

▸ All assumptions on which the theory is based are true.

▸ The theory provides a basis for facts about economic behaviour.

▸ The theory could never be refuted.

▸ The theory allows us to predict behaviour reasonably accurately.

▸ The theory adequately explains all economic behaviour.

Textbook

Microeconomics

Microeconomics

Edition: 17^th

Author: Ragan

Read 22 times

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nitnit Author

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This helped my grade so much Perfect

Perfect

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You make an excellent tutor!

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