What is the true test of an explanatory model? A. This model seeks to predict by understanding cause and effects B. The process allows you to compare and contrast alternatives C. This approach quantifies economic variables D. It involves the identification and measures of a phenomena E. It is considered a fact – finding approach to understanding a phenomena
What is the true test of an explanatory model? A. This model seeks to predict by understanding cause and effects B. The process allows you to compare and contrast alternatives C. This approach quantifies economic variables D. It involves the identification and measures of a phenomena E. It is considered a fact – finding approach to understanding a phenomena
Chapter17: Aquaculture Business
Section: Chapter Questions
Problem 11SA
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Question
- What is the true test of an explanatory model?
A. |
This model seeks to predict by understanding cause and effects |
|
B. |
The process allows you to compare and contrast alternatives |
|
C. |
This approach quantifies economic variables |
|
D. |
It involves the identification and measures of a phenomena |
|
E. |
It is considered a fact – finding approach to understanding a phenomena |
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