Which of the Following Statements Is Correct About the Extent

question 9

Multiple Choice

Which of the following statements is correct about the extent of disagreement among economists?

• A)There is a great deal of agreement among economists on virtually every economic issue.
• B)There is a great deal of agreement among economists on many important economic issues.
• C)All disagreements among economists are attributable to differences in their values.
• D)All disagreements among economists are attributable to the fact that different economists have different degrees of faith in the validity of alternative economic theories.

---

Definitions:

Flexible Budget

A budget designed to adapt to changes in activity or volume levels, ensuring more accurate budgeting and variance assessments.

Meals Served

The total number of meals prepared and provided to customers or clients over a specific period.

Kitchen Operations

The range of activities involved in the running and management of a kitchen, including meal preparation, cooking, and cleaning.

Activity Measure

A metric used to represent the amount of work done or efficiency, often used in costing and productivity analysis.