____________ assumption is essential when assessing an economic theory.   Economists use the _____________ assumption to isolate the relationship between two variables. It allows them to see the cause and effect relationships, without being confused by other possible influences.   ____________ means all other things constant.

The consequences of scarcity do not include: 

The production possibilities frontier (PPF) is a_______________, when the opportunity cost of two goods is constant.

(1)__________________ is the condition in which the maximum output is produced with the given resources and technology. (2)__________________ is the condition in which less than the maximum output is produced with the given resources and technology.

Question46

(1)________ deals with human behavior and choices as they relate to relatively small units —an individual, a firm, an industry, a single market. A economist in this (1)_________ field would ask questions that relate to the various parts that make up the economy such as, “How will the drought impact the price of corn?”   (2)____________ is the branch of economics that looks at human behavior and choices as they relate to the entire economy. A economist in this (2)_________ field would be concerned about questions that impact the whole economy such as, “How will the proposed tax cut affect unemployment, inflation and economic growth?”    

Which of the following are functions of the pancreas? Select Three.

Digestive secretions of a pH of 2 that are very acidic are associated with which organ?

Organic molecules are ones that always contain which two elements?

Which of the following statements is correct about diffusion?