2
QuizMultiple Choice

Entrepreneurship — Unit test

Question 2 of 10 • (OC27) Economics-2102310-Sem-Meadows

Which statement best compares the laws of supply and demand?

Answer
A
The two economic laws exist in theory. They have no relation to economics in the real world.
B
The two economic laws exist in theory. They work in practice, but real-world factors can have an effect.
C
The two economic laws work in practice. They apply to real-world economics eighty percent of the time.
D
The two economic laws work in practice. They prove to be true in the real world one hundred percent of the time.
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