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In an open population, the population growth rate can be estimated using the equation ∆N = B - D only if
Vertical Axis
In graphing data, this is the y-axis, which is typically used to measure the dependent variable or show the scale of values in a chart.
Utility Function
A mathematical representation of how consumer preferences over a set of goods and services are ranked.
Horizontal Axis
In a graphical representation, the x-axis, which typically shows the independent variable or the quantity of goods.
Vertical Axis
in a graph or chart, the y-axis which typically represents the range of values or dependent variables.
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