THE PROCESS OF DEVELOPING HYPOTHESES, TESTING THEM AGAINST FACTS,...

24. - TEST BANK FOR ESSENTIALS OF ECONOMICS 3RD EDITION BY BRUE
TEST BANK FOR ESSENTIALS OF ECONOMICS 3RD EDITION BY BRUE
24. The process of developing hypotheses, testing them against facts, and using the results to construct theories is called:opportunity cost calculation.→ the scientific method.marginal analysis.microeconomics. AACSB: AnalyticBlooms: RememberDifficulty: 1 EasyLearning Objective: 01-02 Describe the role of economic theory in economics.Topic: Theories, principles, and modelsMultiple Choice Question