As a new firm in the apple-picking business,you have considered adding an economist to your management team.What would this economist be unable to help your managerial team with?
A) Determining the lowest cost way of picking apples
B) Determining how many apples consumers will purchase at different prices
C) Determining why people eat apples
D) Determining the effect government regulations would have on the price of apples
E) Determining the lowest cost way of distributing apples

Question

Quizplus · Accepted Answer

While an economist could help with many aspects of running an apple-picking business, they would be unable to determine why people eat apples as this falls under the realm of psychology or sociology.

As a New Firm in the Apple-Picking Business,you Have Considered