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Assignment

Instruction: Try to briefly discuss the following terms.


A. Economics
B. Microeconomics
C. Macroeconomics
D. Scarcity
E. Opportunity cost
F. The three economic questions
G. Market
H. Price discrimination
I. Market power
J. Market structure
K. Perfectly competitive
L. Monopoly
M. Monopolistic
N. Oligopoly

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