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Briefly Explain the following terms Question 1 (0.5 pt ea) Briefly explain the following terms: a. Marginal decisions b. Efficiency or Efficient Economy c. Comparative

Briefly Explain the following terms

Question 1 (0.5 pt ea) Briefly explain the following terms: a. Marginal decisions b. Efficiency or Efficient Economy c. Comparative advantage d. Absolute advantage

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