Which of the Following Is the Most Important Difference Between

question 85

Multiple Choice

Which of the following is the most important difference between social science and natural science?

• A) Social science tends to use controlled experiments, and natural science does not.
• B) Social science studies meaningful action, and natural science does not.
• C) Social science is subjective, and natural science is objective.
• D) Social science uses soft data, and natural science uses hard data.

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Definitions:

Excess Goods

Products that exceed the demand in the market, often leading to surplus and potential waste.

Perfect Substitutes

Two goods that could be used in place of one another with no loss of utility to the consumer.

Utility Function

A mathematical representation of how different combinations of goods or services produce varying levels of satisfaction or utility to a consumer.

Commodities

Fundamental commodities traded in business that can be exchanged with others of alike kind.