Give typing answer with explanation and conclusion 7. JUSTIFICATION OR RATIONALE OF THE STUDY (150 words) Justification of the study is also known as the rationale of the study whereby the justification or reasons for the study are provided. It answers the questions: “Why is the study important?” “To whom is it important? “What benefit will occur if the study is done?” Ensure that you are clearly stating who the study will benefit and how they will benefit from the study. Additionally, state how the study will add to the body of knowledge in the study area.

Give typing answer with explanation and conclusion 7. JUSTIFICATION OR RATIONALE OF THE STUDY (150 words) Justification of the study is also known as the rationale of the study whereby the justification or reasons for the study are provided. It answers the questions: “Why is the study important?” “To whom is it important? “What benefit will occur if the study is done?” Ensure that you are clearly stating who the study will benefit and how they will benefit from the study. Additionally, state how the study will add to the body of knowledge in the study area.

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter1: The Art And Science Of Economic Analysis

Section: Chapter Questions

Problem 4.7P

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