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Author Question: The purpose of making assumptions in an economic model is to A) force the model to yield the ... (Read 48 times)

WhattoUnderstand

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The purpose of making assumptions in an economic model is to
 
  A) force the model to yield the correct answer.
  B) minimize the amount of work an economist must do.
  C) simplify the model while keeping important details.
  D) express the relationship mathematically.

Question 2

Explain how a market helps determine which goods and services will be produced, how to produce them, and who gets them.
 
  What will be an ideal response?


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Sierray

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WhattoUnderstand

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Reply 2 on: Jul 1, 2018
Excellent


dantucker

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Reply 3 on: Yesterday
Gracias!

 

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