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Economists often use graphs to analyze the choices and trade-offs that people make. Graphs help us see how one value relates to another value.

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10y ago

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Related Questions

What careers use graphs?

economists and actuaries


Do economists use graphs to analyze the choices and trade offs that people make in society?

True


Is Economists often use production possibilities graphs to explore supply and demand true or false?

False. Economists typically use production possibilities graphs to illustrate the trade-offs and opportunity costs associated with the allocation of resources between different goods and services. While these graphs provide insights into efficiency and resource limitations, they do not directly explore supply and demand, which are better represented through demand and supply curves.


Through analyzing graphs charts and other information economists get a better understanding of human behavior?

true


What are the three types of graphs scientist use?

Pie Graphs, Bar Graphs, and Line Graphs are three graphs that scientist use often.


Which word do economists use for fairness?

Economists use the word equity for fairness


Why do scientists use graphs?

Scientists use graphs to organize data.


How do mathematicans use graphs?

Mathematicians use graphs to illustrate information.


What type of graphs use categorical data?

bar graphs use categorical data


Where do you use graphs in day to day life?

Architects and if you study Geometry you will have to use graphs.


What are three types of graphs scientist commonly use?

There are many graphs which while you can usually use most of them no matter what experiment you are doing that is not always true, nor is it the right use of a graph. some of the most likely graphs you will probably come across , or for that matter need to use are bar graphs, line graphs, pie graphs, and picture graphs.


Why do you use line graphs?

You use line graphs to see how something changes over a period of time , Such as weeks,days,months,or even years . We use line graphs alot!