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    Microeconomics Study Set 31
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    Exam 21: Thinking Like a Modern Economist
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    Do Economic Models Lead Directly to Theorems or to Precepts
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Do Economic Models Lead Directly to Theorems or to Precepts

Question 19

Question 19

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Do economic models lead directly to theorems or to precepts? Why or why not?

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For modern economists, precepts do not f...

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