

McqMate
Q. |
Which of the following statements has been drawn by inductive method? |
A. | a consumer will buy from the cheapest market |
B. | all businessmen wish to buy at low price and sell at high price |
C. | a private firm will try to maximize its profits |
D. | the larger the stock of money with a person, the lower is the utility that he |
Answer» B. all businessmen wish to buy at low price and sell at high price |
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Principles of Micro EconomicsNo comments yet