Leonardo makes the following purchases at the store: 1 backpack for $16.89 5 spiral notebooks for $1.19 each 1 pack of mechanical pencils for $3.68 2 packs of lead refills for $1.88 each Leonardo has 2 coupons, each for 45 cents off on the purchase of a pack of lead refills. The coupons are applied after tax and the sales tax is 5% of the purchase. If Leonardo paid $30.89 , then he for his purchas

The goal of an economist who formulates new theories is to a. provide an interesting framework of analysis, whether or not the framework turns out to be of much use in understanding how the world works. b. provoke stimulating debate in scientific journals. c. contribute to an understanding of how the world works. d. demonstrate that economists, like other scientists, can formulate testable theories.