A Scientist Makes a Prediction from an Established Theory, Conducts

question 8

Multiple Choice

A scientist makes a prediction from an established theory, conducts an experiment to test this hypothesis, obtains data consistent with the hypothesis, and concludes that the theory has been strengthened. Which characteristic(s) BEST describe(s) the thinking that the scientist is engaging in?

• A) Scientific problem solving and creative thinking
• B) Scientific thinking that is leading to confirmation bias
• C) Deductive reasoning and then inductive reasoning
• D) Deductive reasoning to arrive at a creative hypothesis

Recognize the significance of the production possibilities frontier (PPF) and its implications.

Comprehend the assumptions made when constructing economic models.

Learn about the effects of technological advances on production possibilities.

Understand the relationship between efficiency, opportunity cost, and economic production points.

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Definitions:

Crowdfunding

The method of financing a project or business through the collection of minor contributions from a wide base of individuals, mainly through online platforms.

SEC

The Securities and Exchange Commission (SEC) is a U.S. federal agency that oversees and regulates the securities market, protecting investors, maintaining fair, orderly, and efficient markets.

Brick-and-Mortar

Refers to businesses that have physical stores or offices in buildings, as opposed to or in addition to, online or virtual presence.

Compliance

The act of adhering to rules, standards, or laws, often within a regulatory, corporate, or legal context.