To make things simpler and focus attention on what really matters, economists
A) use assumptions.
B) ignore all variables.
C) think at the margin.
D) respond to incentives.

Question

Quizplus · Accepted Answer

Economists use assumptions to simplify complex economic situations and focus on analyzing the key variables that are most relevant to the issue at hand. This approach allows them to make predictions, test theories, and identify cause-and-effect relationships in a more systematic and rigorous way.

To Make Things Simpler and Focus Attention on What Really