The Importance of an Economic Model Is That It Allows

question 163

Multiple Choice

The importance of an economic model is that it allows us to:

• A)build a complex and accurate model of how the economy should work.
• B)build an accurate mathematical model of every aspect of the economy.
• C)focus on the effects of only one change at a time.
• D)avoid opportunity costs.

Understand the historical context of species extinction and efforts for conservation.

Understand the role of human activities in the current extinction crisis.

Identify conservation efforts and laws aimed at protecting wildlife.

Recognize the ecological and economic importance of biodiversity.