Question

(3) Which are the three ways of representing economic information?​

Answer 1

Answer:

Data can be represented in countless ways. The format for the presentation of data will depend on the target audience and the information that needs to be relayed. In the end, data should be presented in such a way that interpretation and analysis is made easy. Let us see some ways in which we represent data in economics.

Explanation:

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Answer 2

Answer:

Presentation of Data

Data can be represented in countless ways. The format for the presentation of data will depend on the target audience and the information that needs to be relayed. In the end, data should be presented in such a way that interpretation and analysis is made easy. Let us see some ways in which we represent data in economics.

Diagrammatic Presentation of Data

Textual and Tabular Presentation of Data