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Define market economy. Describe the role of pricing on the market. Explain the law of demand. List and describe the determinants of demand. Explain the

  • Define market economy.
  • Describe the role of pricing on the market.
  • Explain the law of demand.
  • List and describe the determinants of demand.
  • Explain the law of supply
  • List and describe the determinants of supply.
  • Describe a competitive market.

Please add resources so I can read up.

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