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Comparative statics analysis is

Comparative statics analysis in economics is best illustrated as

the comparison of equilibrium points before and after changes in the market have occurred.

a comparison of two types of markets.

the comparison of the percentage of change in the one variable divided by the percentage change in the other variable.

an analytical technique used to show best case scenarios of demand and supply curves

 

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9213247

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