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How are micro and macro economics complementary to each other?
From what i know the macro and micro economics are complementary into gross national income since in order to find national income both must be applied so that to know the total nation income.
What is a cross section graph?
a cross section graph shows the values of an economics variables for diffrent categories t a point in time
In economics while drawing PPC graph money flow is?
Outer loop.
In economics while drawing PPC graph real flow is?
Inner loop.
What is the difference between a substitute good and a complementary good?
A substitute good is one that can be used in place of another good whereas a complementary good is one that is used together with another good.
Why economics graph is different from maths graph?
There is no difference.
What is complementary function in mathematics?
sin and cos functions are complementary..they vary by an angle of 90deg in their graph.. so thts wht i think it is..complementary functions are probably functions whch differ by an angle of 90 i their graph..
How are micro and macro economics complementary to each other?
From what i know the macro and micro economics are complementary into gross national income since in order to find national income both must be applied so that to know the total nation income.
What is a cross section graph?
a cross section graph shows the values of an economics variables for diffrent categories t a point in time
In economics while drawing PPC graph money flow is?
Outer loop.
In economics while drawing PPC graph real flow is?
Inner loop.
What is the difference between a substitute good and a complementary good?
A substitute good is one that can be used in place of another good whereas a complementary good is one that is used together with another good.
Why do you think a line graph is a good graph?
A line graph is good cause it is easier to read
What kind of good is consumed together like peanut butter and jelly?
Complementary goods are consumed together.
Is wheat a complementary good or supplementary good of bread?
No they are not complementary goods. The two can be consumed separately without reducing the level of satisfaction to the consumer
What is complementary goods?
Good that is used together with another good.
What does the p and q stand for on the axis of a demand graph?
Economics: P= Price and Q = Quantity Demanded.
