Question

Static, dynamic and what is the difference between comparative analysis?​

Answer 1

Answer:

Therefore, static analysis is a study of equilibrium only whereas dynamic analysis studies both equilibrium and disequilibrium. ... Comparative Static Economics • Comparative static economics studies the comparison of the old and new equilibrium position. It does not study the path of change.

Answer 2

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• Therefore, static analysis is a study of equilibrium only whereas dynamic analysis studies both equilibrium and disequilibrium. ... Comparative Static Economics • Comparative static economics studies the comparison of the old and new equilibrium position. It does not study the path of change.