Economy, asked by vishvarock, 7 months ago

what is 'economic model?'define in shortwhich can be understood physicaly​

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Answered by devil6416
1

Answer:

  • In economics, a model is a theoretical construct representing economic processes by a set of variables and a set of logical and/or quantitative relationships between them. The economic model is a simplified, often mathematical, framework designed to illustrate complex processes.
Answered by shweta2199
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Answer:

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