subject
Business, 28.09.2021 17:40 alethhaaa

Why is this restriction so useful in economic analysis? Because one of the two variables might have a larger impact on a third variable than the other one being examined.

If other variables that do not interact with these two variables are not held fixed, the true relationship between the two
variables would be hidden.

To fully understand the relationship between two variables, it is necessary to change each of the variables sequentially
while holding the others constant.

If every variable is allowed to change, it would be impossible to isolate the impact of one variable on another.


Why is this restriction so useful in economic analysis?

Because one of the two variables might ha

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 03:00
In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.
Answers: 2
question
Business, 22.06.2019 16:30
En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?
Answers: 3
question
Business, 23.06.2019 00:00
Both renewable and nonrenewable resources are used within our society. how do the uses of nonrenewable resources compare to the uses of renewable resources?
Answers: 1
question
Business, 23.06.2019 01:50
The de mesa family will soon be occupying their newly renovated house. however, the bathroom measuring 10ft. by 16 ft. still needs to be covered by tiles. if the tile that they desire measures 2/5 ft by 2/5 ft., how many tiles will they need to cover the bathroom floor?
Answers: 3
You know the right answer?
Why is this restriction so useful in economic analysis? Because one of the two variables might hav...
Questions
question
Mathematics, 11.01.2021 18:20
question
Mathematics, 11.01.2021 18:20
question
Mathematics, 11.01.2021 18:20
question
Mathematics, 11.01.2021 18:20
question
Mathematics, 11.01.2021 18:20
Questions on the website: 13722359