Which of the Following Is NOT a Function of Theory

question 19

Multiple Choice

Which of the following is NOT a function of theory for research?

• A)Theory helps to prevent our being taken in by flukes.
• B)Theory helps to gloss over any shortcomings in research findings.
• C)Theory helps us to make sense out of observed patterns.
• D)Theory shapes and directs research efforts.
• E)Theory helps us to explain occurrences.

---

Definitions:

Utils

A theoretical unit of measurement used in economics to quantify the level of satisfaction or happiness that a consumer derives from the consumption of goods and services.

Rational

Describes a decision maker who chooses the available option that leads to the outcome he or she most prefers.

Diminishing Marginal Utility

The principle stating that as a person consumes more units of a good, the satisfaction (utility) gained from consuming each additional unit decreases.

Giffin Good

A type of good for which demand increases as the price increases, contradicting the basic law of demand due to the income effect.