Functions are often described as cause and effect in economics. In an economics function, if the variable is on the right-hand s

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Schach [20]

3 years ago

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Functions are often described as cause and effect in economics. In an economics function, if the variable is on the right-hand s

ide and is doing the explaining, it represents a(n)________?

Business

1 answer:

12345 [234] · Answer 1 · 2022-03-20T03:39:58+03:00

Answer:

It represents a cause

Explanation:

If it is on the right side of the function it means that it is one of the independent variables that explains the dependent variable (located on the left side of the function). What the function is representing is the influence that the independent variable (the cause of the dependent variable) has on the dependent variable (the effect that the cause or causes are being sought).