_____ Study the Interactions Between Households and Businesses and the Ways

question 88

Multiple Choice

_____ study the interactions between households and businesses and the ways in which the factors of production are combined to produce goods and services.

• A)Marketers
• B)Economists
• C)Accountants
• D)Entrepreneurs

---

Definitions:

Parsimonious

Describing an approach that is simple or economical in nature, often used in scientific theories that prefer the simplest explanation.

Statistically Significant

A result or effect size in an experiment or study that is unlikely to have occurred by chance, indicating a meaningful difference or relationship.

Replicable

Describes a study or experiment whose results can be achieved again when the study is repeated under the same conditions.

Replicable

Capable of being repeated or duplicated under similar conditions to achieve a similar result.