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Define economic system, and describe feudalism, slavery, and capitalism as economic systems. What features do they have in common? How do they differ? Discussion Board

Define economic system, and describe feudalism, slavery, and capitalism as economic systems. What features do they have in common? How do they differ?

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Discussion Board #3 - What is marginal cost? Why in a competitive market will there be a pressure for price 4 o Chapter 8 to equal marginal cost (and not be above or below it)

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