Which of the Following Sets of Purpose Verbs Contains a Purpose

question 5

Multiple Choice

Which of the following sets of purpose verbs contains a purpose that is not a study purpose?

• A) Explore, compare, predict
• B) Examine relationships, describe, synthesize
• C) Describe, examine relationships, test hypothesis
• D) Examine, compare, test hypothesis

---

Definitions:

Long-Run Adjustment

The process of economic agents fully adapting to changes in conditions or policies over time, reaching a new equilibrium.

Economic Profits

The difference between total revenue and total costs, including both explicit and implicit costs, representing the additional amount earned beyond the next best alternative.

Economies of Scale

Cost advantages that a business can achieve by increasing the scale of production, leading to a lower cost per unit of output.

Economic Profit

The difference between a firm’s total revenue and its total costs, including both explicit and implicit costs.