asked 233k views
3 votes
When analyzing a market how do economists deal with the factors that affect market

1 Answer

10 votes

Step-by-step explanation:

In order to study the change in the factors affecting the market easily, economists prefer to consider one factor at a time and keep other factors constant. This strategy is difficult to apply in real world, but this makes the understanding of an economic model simpler

answered
User Nevihs
by
8.2k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.