Question: When words are insufficient to explain the quantitative relationship between two variables (i.e., stimulus and response, cause and effect), economists often use mathematical equations .
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
