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Can you answer those 2 questions with a good explanation? Answer the following: 1. Briefly explain the Benefits to society from Specialization in the use

Can you answer those 2 questions with a good explanation?

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Answer the following: 1. Briefly explain the Benefits to society from Specialization in the use of its Resources. 2. How does "consumer sovereignty" determine the types and quantities of products produced in a market economy

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