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27 Oct 2021
Problem 36
Page 271
Section: PROBLEMS
Chapter 11: Monopoly and Antitrust Policy
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27 Oct 2021
Introduction
Economics is the study of human behaviour at the time of scarcity. it defines how an individual, a business, a family, any society, households or government allocate their scarce resources. It is not only the study of money but also the decisions that households and government take in the face of scarcity.
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