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When Scholars Use Mathematical Formulas to Predict Outcomes of Particular

question 37

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When scholars use mathematical formulas to predict outcomes of particular kinds of human interactions under different hypothesized conditions, they are using what is (are) called


Definitions:

Bankruptcy Judge

A judicial officer who presides over court proceedings related to bankruptcy cases, including the resolution of claims and distribution of assets.

Bankruptcy

A judicial mechanism enabling individuals or entities incapable of fulfilling their monetary commitments to obtain exemption from part or entire of their debts.

Business Owner

An individual or entity that legally possesses a company, is responsible for its operations, and enjoys the benefits of its success.

Penniless

Refers to having no money; being very poor.

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