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Scientific notation is useful in economics to compute very large or very small numbers.

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8y ago
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9y ago

Scientific notation is useful for representing many economic variables that are large numbers.

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Q: Why is scientific notation useful in economics?
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Related questions

Would measuring stars be useful for scientific notation?

You have it in reverse. Scientific notation is useful for measuring stars.


How is scientific notation useful in mathematics?

Scientific notation is useful in mathematics because it makes very large or very small numbers easier to compute.


What is the scientific notation and why is it useful?

You use scientific notation when it comes to "too large" or "too small" numbers. The reasons why using scientific notation is useful are that it saves time to do the computation and also that it makes people's life easier to compute values instead of writing them out completely!


What are the uses of scientific notation?

Scientific notation gives a compact notation, which is especially useful for writing down - and doing calculations with - very large, and very small, numbers.


When is scientific notation most useful?

When you have a number with a large amount of digits.


Where can you use scientific notation?

Scientific notation tends to be useful any time you have to deal with either very large numbers or very small numbers.


How is scientific notation useful to atsromeners?

1.9 X 1027 kilograms ------------------------ This is the mass of Jupiter. Try writing that out in longhand and you will see why scientific notation is useful to astronomers. Very large numbers in astronomy need a way to write them in a useful and compact form.


What is useful for writing numbers that are very large or very small?

Scientific notation


When is expressing using scientific notation useful?

When numbers are tremendously large or small.


How is scientific notation useful in the real world?

It is used for recording very large or very small numbers. This is particularly true for sciences.


SCientific notation tends to be useful any time you have to deal with either very large numbers or very small numbers?

Yes, that's exactly the case for using scientific notation.


How is scientific notation useful to astronomers?

Since the numbers astronomers use are often very large or very small, they frequently use scientific notation to describe sizes and sentences in the universe.