In the real world, it is very difficult to explain behavior as a function of only one variable, and economics is no different. More specific economic interpretations will be discussed in the next ...

Follow the instructions provided in the notebook. Read the instructions for each cell and provide your answers. Make sure to test your answers in each cell and save. Jupyter Notebook should ...

Composite functions are made when the output from one function is used as the input of another function. The names of the functions are written next to each other, with the function that is used first ...

Economists are interested in examining types of relationships. For example an economist may look at the amount of money a person earns and the amount that person chooses to spend. This is a ...

In order to write mathematical equations and formulas one needs a certain mathematical notation. The mathe- matical notation includes letters from Roman, Greek, Hebrew and German alphabets as well as ...