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1) What is the the marginal cost and marginal benefit of taking a microeconomics course in university? What about the opportunity cost, that is, the

1) What is the the marginal cost and marginal benefit of taking a microeconomics course in university? What about the "opportunity cost", that is, the next best alternative you have given up to take this course?

2) Which type of economic systems do you think is better, market-based system or central planned system? South Korea now has a higher living standard than North Korea, do you think this is due to their different economic systems?

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