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Homework answers / question archive / An economist is most likely to create an economic model concerning A
An economist is most likely to create an economic model concerning
A. the consumer reviews of the business and its new products.
B. the humanitarian impact of a business.
C. pricing adopted by a business with increased competition.
D. the corporate culture supported by the business.
The correct option C. pricing adopted by a business with increased competition.
Explanation
The economist studies the change in the economic situation like the demand, supply, cost due to change in any related factor. Among the given options the option 'C' is the only option related to the economics and hence an economist will be interested in the economic model of pricing adopted by a business with increased competition.
