Question

When an economist or mathematician uses equations to calculate changing economic conditions, they use variables to simplify this process. What is a variable?
A) The part of the equation that is verbal description of the problemB) A part of the equation that remains constant and does not varyC) The name given to a quality that can assume a range of values.

Answer 1

Answer:

A variable is a name given to a quality that can assume a range of values.

Explanation:

• When an equation is enumerated, certain assumptions need to be made in order to dispense the convenience of problem-solving.
• This convenience refers to the introduction of a variable in the equation.
• When a variable is put in the equation, a certain degree of flexibility is offered as the one who tries to prove the equation, gets the concession to assign any suitable value to the variable that would satisfy the equation.