Provides a means to clearly show economic relationships in two-dimensional space. Economic analysis is often concerned with two variables confined to the upper-right (northeast) quadrant of the coordinate number system.

Answers

Answer 1

Answer:

Graphs

Explanation:

A graph is a pictorial representation that shows a relationship between two or more variables. In the context of economics, it represents the clearly relationship in two-dimensional space. Also the economic analysis would be concerned with respect to the two variables.

Therefore as per the given situation, the graph should be the answer

Hence, the same is to be considered

Answer 2

A graph is a representation of a relationship between two or more variables in a visual format. It illustrates the clear relationship in two-dimensional coordinate numbers in the context of economics.

What is the coordinate number?

In a complex or coordination compound or a crystal, the coordination number, also known as Ligacy, is the number of atoms, ions, or molecules that a central atom or ion has as its nearest neighbors.

Thus, graphic representation shows the relationships between variables.

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Related Questions

distinguish between regional level and national level employment giving adequate example​

Answers

I don’t get it umm maybe try explaining it more

If a store has a “buy one, get one free” sale and an item costs $10, what is the marginal cost of the second item?
A) $7.50
B) $10
C) $5
D) $15
E) $0

Answers

It would be $0 because if you already bought one the second one is free and $0 you wouldn’t have to pay anything

If a store has a “buy one, get one free” sale and an item costs $10, then the marginal cost of the second item would be option E). 0.

What is marginal cost?

The marginal cost helps to determine the additional cost that a company has to incur while producing one extra unit.  In the case of buy one get one free item the final price tend to include the cost of both products.

Therefore, the marginal cost of the second product would be zero as the producer does not have to bear any additional cost as the product is free.

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