Microeconomics
Microeconomics
5th Edition
ISBN: 9781319098780
Author: Paul Krugman, Robin Wells
Publisher: Worth Publishers
Question
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Chapter 2A, Problem 8P
To determine

To answer:

The questions depending up on the situations given

Concept Introduction:

Independent variable: Independent variable is one which its value can be determined independently. Also its value can change freely.

Dependent variable: Dependent variable’s value is determined by one or more independent variables. The value of dependent variable changes according to the change in the value of its independent variables.

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