The hypothesis is a statement of_____________?
Correct answer: C. a tentative statement of a topic that is subject to testing
- A. a universal truth
- B. the scientist's conclusions
- C. a tentative statement of a topic that is subject to testing
- D. disagreement with a generally accepted theory
Explanation
A hypothesis is a provisional explanation or statement that can be tested against evidence. It is not yet a universal truth or the final conclusion of research.
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About Microeconomics
Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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