Question

what are the uses of parabola in economics? ​

Answer 1

Explanation: Ecomists use parabolas to maximize profit, minimize cost, and forecast lost or profit. - Economic parabolas always open downward, since there is no negative quantity. - The vertex of the parabola is the lowest profit point:)

Answer 2

Answer:

Economics use parabola to maximize profit , minimize cost

and forecast loss or profit