When an economic theory or
function relation is expressed
in words, it is called
जेव्हा एखादा अर्थशास्त्रीय सिद्धांत किंवा फलन
संबंध शब्दात व्यक्त केला जातो तेव्हा त्यास
असे म्हणतात.
Answers
Economists are interested in examining types of relationships. For example an economist may look at the amount of money a person earns and the amount that person chooses to spend. This is a consumption relationship or function. As another example an economist may look at the amount of money a business firm has and the amount it chooses to spend on new equipment. This is an investment relationship or investment function.
A function tries to define these relationsips. It tries to give the relationship a mathematical form. An equation is a mathematical way of looking at the relationship between concepts or items. These concepts or items ar represented by what are called variables.
A variable represents a concept or an item whose magnitude can be represented by a number, i.e. measured quantitatively. Variables are called variables because they vary, i.e. they can have a variety of values. Thus a variable can be considered as a quantity which assumes a variety of values in a particular problem. Many items in economics can take on different values. Mathematics usually uses letters from the end of the alphabet to represent variables. Economics however often uses the first letter of the item which varies to represent variables. Thus p is used for the variable price and q is used for the variable quantity.
An expression such as 4x3 is a variable. It can assume different values because x can assume different values. In this expression x is the variable and 4 is the coefficient of x. Coefficient means 4 works together with x. Expressions such as 4x3 which consists of a coefficient times a variable raised to a power are called monomials.
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Explanation:
Jatavarman Sundara I
Their power reached its zenith under Jatavarman Sundara I in the middle of the 13th century. The foundation for the Pandya supremacy in south India was laid by Maravarman Sundara I early in the 13th century. He succeeded his older brother Jatavarman Kulasekhara in 1216.