What is the role of theory

What is the role of theory

What is the role of theory

What is the role of theory?

In a detailed paragraph please answer the following question:

What good is economic theory if it can’t predict the behavior of a specific individual?

Solution preview

An economic theory like any other theory is developed to explain certain aspects of human behavior based on, in most cases, evidence from the past. An economic theory is an important tool when making predictions …………………….

APA

147 words

Get help with any homework assignment. Access thousands of already completed solutions.

Services

Place order

Purchase Solutions

24/7 Support

Contact

Email: Support@homeworksmontana.com

Phone: +1 437 539-6910