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galina1969 [7]
3 years ago
11

The importance of an economic model is that it allows us to:

Social Studies
1 answer:
andrew-mc [135]3 years ago
6 0

Answer:

c. focus on the effects of only one change at a time.

Explanation:

An economic model is a theoretical<em> (mathematical or not) </em>construct used to explain or make predictions about economic behavior, its goal is to <em>simplify complex processes</em> to understand economic issues. <em>It uses variables to study an specific change at a time.</em>

I hope you find this information useful and interesting! Good luck!

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