Q. Which of the following statements has been drawn by inductive method? (Solved)

1. A consumer will buy from the cheapest market

2. All businessmen wish to buy at low price and sell at high price

3. A private firm will try to maximize its profits

4. The larger the stock of money with a person, the lower is the utility that he

  • b. All businessmen wish to buy at low price and sell at high price
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