The purpose of an economic model is to explain the behavior of the issue being examined.
c) explain the behavior of the issue being examined.
<u>Explanation:</u>
The thesis of the economic behavior that can be tested is obtained through an economic model. The economic model describes reality in simplified manner.
Economists generally rely on economic theories or models to study the issues in real-world. The economic models propose the economic ideas that will be helpful for the individuals, company or the government to make decisions. The economic model explains the behavior of the issue that is examined, and helps economist to make predictions about the real world.
Economists use economic models to answer questions.
Answer:
a.
Explanation:
Based on the answers provided within the question it can be said that the statement that would result in cognitive dissonance would be "I believe smoking is bad for my health; I love to smoke.". That is because cognitive dissonance refers to to conflicting attitudes, beliefs, or behaviors. Therefore by saying that smoking is bad for you but either way you love to smoke then you are contradicting yourself.
Well, i think the answer is the neighboring state of Vermont.
Lake Champlain separate Vermont and New york. If you swim across it, you will arrive from one state to another
hope this helps
Answer:
This is true, opportunity cost does mean how much you have to spend to do something
