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    Microeconomics Study Set 25
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    Exam 2: Economic Models: Trade-Offs and Trade
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    Economic Models Often
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Economic Models Often

Question 24

Question 24

Multiple Choice

Economic models often:


A) vary greatly in assumptions and simplifications.
B) are correct.
C) provide similar answers.
D) fail to explain any of the real-life scenarios they are supposed to help solve.

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