When using models, we make assumptions, in order to

Question

BlackTom AI · Accepted Answer

When learners encounter the idea of using models, the guiding purpose is to strike a balance between usefulness and simplicity.
Option a: 'make the model more reflective of real life.' While realism can be valuable, overemphasizing it can make the model complex and unwieldy, which defeats the goal of clarity and tractability.
Option b: 'simplify the model, so it is easier to understand.' This aligns with a core modeling principle: abstractions reduce complexity to reveal essential relationships, making the model easier to learn and apply.
Option c: 'make the model more interesting.' A model's interest is not the primary objective in modeling practice; engaging presentation does not substitute for a clear, usable simplification.
Option d: 'enable the model to be more complicated.' Increasing complexity typically hinders understanding and generalizability, undermining the purpose of using a model in the first place.

MUF0061 Economics Unit 1 - Semester 1, 2025 What is a model? (5 - 10 minutes)

When using models, we make assumptions, in order to

查看解析

登录即可查看完整答案

类似问题

In a consumer society, many adults channel creativity into buying things

Economic stress and unpredictable times have resulted in a booming industry for self-help products

People born without creativity never can develop it

A product has a selling price of $20, a contribution margin ratio of 40% and fixed cost of $120,000. To make a profit of $30,000. The number of units that must be sold is: Type the number without $ and a comma. Eg: 20000

Which of the following statement regarding cost is correct:

Under the assumptions used in cost-volume-profit analysis, as the activity increases:

The CVP and break-even analysis are supported by a range of important assumptions. Which of the following is not an assumption of the CVP:

The break-even point is that at which:

更多留学生实用工具

考试浏览器助手

风格化写作助手

论文查重助手

文献引用助手

课堂转译助手

课堂笔记助手

Quiz搜索助手

学校历年真题

智能刷题助手

智能匹配练习

希望你的学习变得更简单