The Process of Developing Hypotheses, Testing Them Against Facts, and Using

question 163

Multiple Choice

The process of developing hypotheses, testing them against facts, and using the results to construct theories is called:

• A)opportunity cost calculation.
• B)the scientific method.
• C)marginal analysis.
• D)microeconomics.

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Definitions:

Printer

A device that transfers text and graphics from a computer onto paper or other media, producing physical copies of digital documents.

Internet

A global network of computers and servers that allows for the exchange of data, communication, and access to information across the world.

ROM Chips

Non-volatile memory chips that permanently store instructions for computing devices; ROM stands for Read-Only Memory.

Virtual Memory

A memory management capability of an operating system that uses hardware and software to allow a computer to compensate for physical memory shortages, temporarily transferring data from RAM to disk storage.