a. avoid opportunity costs.
Social Studies, 28.01.2020 20:41 mathwhiz9125
The importance of an economic model is that it allows us to:
a. avoid opportunity costs.
b. build an accurate mathematical model of every aspect of the economy.
c. focus on the effects of only one change at a time.
d. build a complex and accurate model of how the economy should work.
Answers: 1
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Adefendant visited her doctor to seek treatment for a bullet wound. while he was treating the wound, the doctor asked the defendant how she was shot. the defendant replied that she was struck by a police officer’s bullet while running away from a jewelry store she had robbed, but she implored the doctor not to tell this to anyone. the doctor promised that he would not. although the defendant was never charged by the police, the owner of the jewelry store brought suit against her seeking the value of the stolen goods. the defendant denied robbing the store. at the trial, the owner calls the doctor to testify to the statement made to him by the defendant. the defense attorney objects on the ground that such testimony is barred by the jurisdiction’s physician-patient privilege. should the objection be sustained?
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The importance of an economic model is that it allows us to:
a. avoid opportunity costs.
a. avoid opportunity costs.
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