Which of the Following Is a Good Way to Find

question 25

Multiple Choice

Which of the following is a good way to find a research topic?

• A) personal experience
• B) getting an idea from your advisor
• C) looking for the next step in the research process
• D) all of the above

---

Definitions:

Optimal Allocation

The most efficient distribution of resources in a manner that maximizes the net benefit received from their use.

Scarce Resources

Natural or economic resources that are limited in supply compared to the demand for them.

Long-run Equilibrium

Long-run equilibrium occurs when all firms in a market or industry are producing at their most efficient level, with no incentive to enter or exit the market.

Purely Competitive

A market structure characterized by many buyers and sellers, where each has negligible impact on market price.