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Briefly explain how a map is a model

Assignment Help Business Economics
Reference no: EM131399073

Consider economic theory:

a. Briefly explain how a map is a model.

b. Given an example of how a particular model can be appropriate in one context and inappropriate in another.

c. Identify the two attributes of a "good" economic model, and briefly explain the fundamental tradeoff between them.

Reference no: EM131399073

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