Answered: The cornerstones of all economic models…

The cornerstones of all economic models that help negotiate a tradeoff between complexity and interpretability are scarcity assumptions rationality none of the other choices are correct

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth

Section: Chapter Questions

Problem 1SQP

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The cornerstones of all economic models that help negotiate a tradeoff between complexity and interpretability are

scarcity

assumptions

rationality

none of the other choices are correct

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Yes, I do believe people who disagree in regard to normative ethical theory can still reach an agreement on practical ethical questions within the business world. I have had many bosses and many co-workers whom I have not necessarily agreed with when it comes to morals and values outside of work, however, in the workplace most people can agree on practical ethical questions for example sexual harassment, stealing, cheating, client/customer privacy, unethical leadership, etc. I have found that in the workplace you can become friends with people who hold completely different normative ethics than you but still agree on common goals for the business, in fact I think it is a great thing that people who may disagree and have different opinions on ethics come together in the workplace because it makes for different ways of thinking and diversity within the business. reply to discussion please