Why do we use assumption in economics?

Lucas Martin | 2023-06-05 16:42:33 | page views:1578
I'll answer
Earn 20 gold coins for an accepted answer.20 Earn 20 gold coins for an accepted answer.
40more

Amelia Roberts

Studied at the University of Sydney, Lives in Sydney, Australia.
Assumptions provide a way for economists to simplify economic processes and make them easier to study and understand. An assumption allows an economist to break down a complex process in order to develop a theory and realm of understanding.
2023-06-12 16:42:33

Ava Patel

QuesHub.com delivers expert answers and knowledge to you.
Assumptions provide a way for economists to simplify economic processes and make them easier to study and understand. An assumption allows an economist to break down a complex process in order to develop a theory and realm of understanding.
ask:3,asku:1,askr:137,askz:21,askd:152,RedisW:0askR:3,askD:0 mz:hit,askU:0,askT:0askA:4