Define Dependent and independent variables
Define Dependent and independent variables?
Expert
While influential Economists that are often interested which variable are the “cause” and which the “effect” is when two variables appear to be related.
In applying the rule Mathematicians are always consistent that the independent variable or “cause” is placed on the horizontal axis and the dependent variable or outcome (effect) is placed on the vertical axis.
Economists are traditionally as well as less tidy those have put price and cost data on the vertical axis.
Opposite interactions are downward sloping to the right and direct relationships are upward sloping to the right regardless of which variable is placed on the horizontal or vertical axis.
plz find the attachment and dont compromise on quality,, no similarity n need to be done according to requierment...
Early in the 18th century, a leading industrialist responded to an advisor of King Louis IV of France, who asked how the crown could most excellent facilitate the world of commerce, along with “Laissez nous faire,” that im
When government intervention is not present, than arbitrage: (w) will reduce price differences when similar good sells at various prices within separate markets. (x) results into economic losses for traders. (y) causes high economic profits for mercha
What do you understand by the term internal rate of return?
Explain producers in an industry are receiving pure or economic profits?
Elucidate the gains that have occurred using the resources as before specialization?
Illustrate the advantage and disadvantage of Sole proprietorship?
Explain how women expanded production possibilities?
How can we calculate Price earnings ratio?
The market system responses the “for whom?” query with: (i) distributing goods on the basis of require. (ii) using central planning to coordinate production decisions. (iii) catering to consumers with adequate resources to demand goods. (i
18,76,764
1924008 Asked
3,689
Active Tutors
1440275
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!