Read the premises below and answer the question that follows. victor only calls his friends. victor called andrew. using deductive reasoning, which of the following choices is the best conclusion for this argument? a. victor calls other people. b. victor calls all humans. c. andrew called victor. d. andrew is victor’s friend.

What do economists mean when they use the latin expression ceteris paribus?

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.

In terms of the "great wheel of science", statistics are central to the research process (a) only between the hypothesis phase and the observation phase (b) only between the observation phase and the empirical generalization phase (c) only between the theory phase and the hypothesis phase (d) only between the empirical generalization phase and the theory phase