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Explain the mixed economy system.
Mixed economy: Several resources are owned through the public sector (government) and several resources are owned through the private sector or households. The public sector usually supplies public, merit goods, quasi-public and intervenes into markets to exact perceived market failure.
the central problem facing a group of survivors on a ship
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Ask question different between Marginalism & incrementalism #Minimum 100 words accepted#
critically evaluate the two main utility theories
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analyse the effect of an increase in the price of sim cards on the equilibrium price and equilibrium quantity of cellphones handsets
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