1) What conditions must be satisfied to assure that a refutable hypothesis will be obtained just by examining the structure of the FOC? (Assume that SOCs are satisfied as well).

Respuesta :

Answer:

The derivative of a function must be equal to zero ( 0 )  if this condition is not met then a hypothesis is refuted

Explanation:

The conditions that must be satisfied to assure that a refutable hypothesis will be obtained by examining the structure of the FOC  is

The derivative of a function must be equal to zero ( 0 )  if this condition is not met then a hypothesis is refuted

i.e. dy/dx w.r.t.x = 0   for FOC  to be refutable