Award 1 out of 100 point 1 out of 100 point kelly

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9.Award: 1 out of 1.00 point1 out of 1.00 pointKelly works at an ice cream shop and observes that the number of people buying ice creamvaries greatly from day to day. For a couple of weeks she has recorded the number of people atthe shop each day, as well as the daily temperature. If Kelly is using the scientific method tobetter understand ice cream buying habits, her next step is to:conclude definitively that people buy more ice cream when the temperature rises.state her findings as a well-tested economic principle.use the observed data to form a hypothesis about ice cream buying behavior.throw out the data if it does not show a perfect relationship between buying habits andthe other information she has collected.##"#
ReferencesReferencesMultipleMultipleChoiceChoiceLearning Objective:01-02 Describe therole of economictheory ineconomics.
11/7/15, 11:30 AMAssignment Print ViewPage 9 of 2610.Award: 1 out of 1.00 point1 out of 1.00 point11.Award: 1 out of 1.00 point1 out of 1.00 point(Last Word) "The government deregulated the electricity industry in California and a shortage ofelectricity soon occurred. It is clear that the deregulation caused the shortage." This statementneeds careful analysis because it may reect the:
ReferencesReferencesMultipleMultipleChoiceChoiceLearning Objective:01-02 Describe therole of economictheory ineconomics.In constructing a demand curve for product X:"##
ReferencesReferencesMultipleMultipleChoiceChoiceLearning Objective:03-02 Describedemand andexplain how it canchange.#"##
11/7/15, 11:30 AMAssignment Print ViewPage 10 of 2612.Award: 1 out of 1.00 point1 out of 1.00 pointWhich of the following will notproduce an outward shift of the production possibilities curve?
ReferencesReferencesMultipleMultipleChoiceChoiceLearning Objective:01-06 Applyproductionpossibilitiesanalysis, increasingopportunity costs,and economicgrowth.
11/7/15, 11:30 AMAssignment Print ViewPage 11 of 26

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