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Briefly identify and state the significance of each of the following to the history of economic thought: neoclassical thought, law of demand, consumer's sur- plus,
Briefly identify and state the significance of each of the following to the history of economic thought: neoclassical thought, law of demand, consumer's sur- plus, elasticity coefficient, supplementary costs, prime costs, equilibrium price, rules of derived demand, quasi-rent, constant, increasing, and decreasing cost industry, internal economies, and external economies
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