The validity of an economic theory is judged by its power to: / » Micro Economics 1 solved MCQs / By admin Question: The validity of an economic theory is judged by its power to: A. Explain an economic phenomenon B. Predict the course of an economic phenomenon C. Prove or disprove a hypothesis D. Reveal the economic laws Answer» a. Explain an economic phenomenon Note: The above multiple-choice question is for all general and Competitive Exams in India.
