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Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383

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BuyFindarrow_forward

Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383
Textbook Problem

What is the purpose of building a theory?

To determine

Explain the purpose of building a theory.

Explanation

A theory is a simplified version of real world situation, which is built in order to make things easy and understandable. The purpose of forming a theory is to explain something which is not clear to people...

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