An Economist Is an Individual Who Would Be LEAST Able

question 61

Multiple Choice

An economist is an individual who would be LEAST able to answer which research question?

• A) how much of a product is purchased at a specific price
• B) how the tastes and preferences of consumers are determined
• C) what firms decide to produce
• D) how goods and services are distributed to the population
• E) how firms decide to produce a good or service

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Definitions:

Recommendation Engine

A system that uses algorithms to provide suggestions or recommendations to users, typically based on their preferences and behaviors.

Facial Recognition

A technology capable of identifying or verifying a person from a digital image or a video frame by analyzing facial features.

Unsupervised Learning

A type of machine learning that infers patterns from unlabeled data without guidance.

Crowdsourcing

The practice of obtaining information, ideas, or content by soliciting contributions from a large group of people, particularly from an online community.