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Discuss about the free market economy in short.
Free market economy:
Households own resources and markets assign resources throughout the price mechanism. An increase within demand raises price and promotes firms to switch additional resources during the production of such product. The amount of goods and services consumed through households depends onto their income. Income of Household depends upon the market value of an individualism work.
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sources of oligopoly
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What is the current economic status of abaca farming?
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