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____________________ Network Structure Can Be Analyzed in Two Ways: in Terms

question 4

Short Answer

____________________ network structure can be analyzed in two ways: in terms of interaction patterns and in terms of structural similarity.


Definitions:

Efficiently

The ability to achieve a goal or fulfill a function with the least waste of time and effort; maximizing productivity with minimum wasted effort or expense.

Economic Model

A simplified representation of economic processes, typically using mathematical formulas, to understand and predict economic behaviors.

Scientific Method

A systematic process of questioning, data collection, analysis, and hypothesis testing used to explore observations and answer questions.

Economic Model

A theoretical construct that represents economic processes by a set of variables and a set of logical or quantitative relationships between them.

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