m - Requires Respondus LockDown Browser + Webcam Time Left:1:56:24 Danayt Hibtzghi: Attempt 1 remain the same; remains the same; microeconomic O changes; increases; microeconomic Question 2 (1 point) An economic model is O not useful unless it predicts with 100 percent accuracy. O useful if it predicts well, even if its assumptions are not realistic. O tested by the Testing Committee of the Canadian Economic Association. O tested by examining the realism of its assumptions. O not useful because it simplifies real problems. Question 3 (1 point) Saved If Harold can increase production of good X without decreasing production other good, then Harold O prefers good X to any other good. is producing on his production possibilities frontier. has a linear production possibilities frontier. is producing inside his production possibilities frontier. is producing outside his production possibilities frontier. MacBook Air