Answered: Explain some usual critics of…

Explain some usual critics of economics: bias toward market-based solutions, cannot be properly tested, failure to predict.

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter5: Supply, Demand, And Price: Applications

Section: Chapter Questions

Problem 7QP

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Explain some usual critics of economics: bias toward market-based solutions, cannot be properly tested, failure to predict.

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