Suppose Two Economists Agree About Who Would Be Helped or Hurt

question 85

Multiple Choice

Suppose two economists agree about who would be helped or hurt by certain legislation,but disagree about whether the legislation would be a good idea.These disagreements

• A) are positive in nature
• B) are minor and rarely lead to different policies or conclusions
• C) are normative in nature
• D) occur as the result of a mistake made by an economist
• E) occur because economic models are more complex,and subject to error,than the real world

---

Definitions:

Meal Occasion

A specific time or event when food is consumed, often characterized by the type of food, the setting, and the company present.

Urban University

A higher education institution located in an urban area that integrates with the city environment.

Target Market Segments

Specific subsets of a market that a company aims to capture or serve with its products or services, based on shared characteristics or needs.

Competitive Position

A company's relative standing in its industry or market compared to its competitors, often influenced by its market share, product quality, and brand reputation.