The scientists skepticism extends to________________?
Correct answer: C. his or her own findings
- A. the value of scientific objectivity
- B. his or her own credentials
- C. his or her own findings
- D. the usefulness of scientific inquiry
Explanation
Scientific skepticism requires researchers to question and test their own findings rather than accepting them automatically. Credentials and the general value of science may be examined, but the central object of skepticism is the evidence and conclusion.
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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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