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What are economic systems?
An economic system is the system of organisations utilized by a society to solve the economic difficulty of what how and for whom to make. There are four types of economic system.
a. Traditional economy
b. Free market economy
c. Planned or command economy and
d. Mixed economy
1. Why does the quantity of salt demanded tend to be unresponsive to changes in its price?
What is exceptional supply curves
concep of ni
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