0
How Production possibilities graphs can help us understand three things about an economy?
Wiki User
∙ 6y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What are the types of graphs used in economics?
bar graphs
What are the disadvantages of using graphs?
I like graphs, no disadvantages.
Why are graphs useful?
Graphs are useful in various ways. They are commonly used in statistics to represent data which can be easily interpreted by other users.
What increased agriculture output?
India is mainly known for its fertile land and food demand never go low in graphs. Some states like Chhattisgarh, ARUNACHAL PRADESH of India are also awarded with Krishi Karman Award for highest grain production.
Why is graphs and charts important in a visual presentation?
Yes
Is Production possibilities graphs reveal how efficient an economy is?
No, by itself it just shows the production possibilities but provides no information on what the economy is actually doing.
What is the purpose of production possibilities graphs?
to show alternative ways to use an economy's resources
How does art relates to economy?
the graphs it artistic
Do graphs make relationships easier to understand?
When graphs are used correctly, they do make relationships easier to understand. they provide a useful way to visualize relationships.
Is it true that Graphs make relationships easier to understand.?
true
Advantage of using graphs in Microsoft Excel?
It is easy to understand the table details
Why do you use graphs?
To ILLUSTRATE numerical data, thus making it easier to understand.
What can be done to eliminate the drawbacks of graphs?
I can only think of one drawback to graphs, and that is that some people don't understand them. They are used because they have so many advantages. There are several educational initiatives which help the proper understanding of graphs.
How do understand the graphs?
you have to ask your mom and if you dint have a mom then ask your dad and if you dont have a dad then stinks for you
Does calculus have to do with graphs?
A better question would be "do graphs have to do with calculus?" The answer is yes, many concepts in calculus are best understood by looking at graphs. While most concepts in calculus can be taught and learned without graphs, using only numeric and algebraic (analytical) representations, graphs add a visual representation that helps students understand calculus concepts in more depth.
What is the best method to represent specific data?
The best method to represent specific data is through charts and graphs. Charts and graphs are easier to follow and understand compared to just numbers and spreadsheets. Scatter graphs, pie charts, or bar charts are some examples that are most commonly used.
Do graphs represent equations?
Bar graphs and line graphs do not. Straight line, parabolic, and hyperbolic graphs are graphs of an equation.
