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1.explain and dramatically the impact of covid19 pandemic induced restrictions on economic activities imposed in many countries across the world in 2020 had on the

1.explain and dramatically the impact of covid19 pandemic induced restrictions on economic activities imposed in many countries across the world in 2020 had on the material balance principle.

2.use the graph to explain how the equimarginal principle can be applied to minimize production cost

3.use the graph to explain the benefits a farmer will experience if pollution of a nearby industry decreases.

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