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clearly explain the meaning of ANY THREE of the following pairs of terms clearly showing their differences and similarities; a) Law of Diminishing Marginal Returns
clearly explain the meaning of ANY THREE of the following pairs of terms clearly showing their differences and similarities; a) Law of Diminishing Marginal Returns and the Laws of Returns to Scale b) Transitivity of consumer preferences and consumer rationality c) Social cost and private costs in production d) A movement a long a demand curve and shift in the demand curve
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