Question Completion Sn QUESTION 10 points Save Anser In the

Question Completion Sn QUESTION 10 points Save Anser In the economic model of consumer behavior, rational self interest would likely be a.a kry variable b.a prediction of the modell e..method oftest ng the model. d. a behavioral assumption e the hypothesis of the model QUESTION 7 18 points Sve A good economic thoory b. bears no relation to realty e focuses on the \"nique·mpects of each sination. d approaches realiny in all its complexity imvolves some simplification of eality QUESTION 18 points Save A good or service is considered scarce if the-mount people deere is lessthan the amort available b any quantity ef it any price. can be comsued al anero prie e.the amount people desire i, less than the mount available.\' \"ero price. d the amoust people desine equals the amount awailable at any price e the amount peogle desire exceeds the amount ilable at anero price. ond Ssbevit to 5 command option

Solution

Q 6. Option d, As self interest leads to get the best result among available options which is a behavioural assumption.
Q. 7 Option e, as it needs explanation or understandable reasons so that it can be controlled
Q. 8 Option e, As the better goods need to be selected among the available options
Q. 9 Option b, since labor is one of the inputs in a production activity, it is a resource market
Q. 10 Option a, because a positive statement is a testable which can be proved either right or wrong as they are quantifiable.