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In relation to the business environment, discuss the criteria of equity vs. efficiency and the reason for government intervention (use theories to support your answer)

  1. In relation to the business environment, discuss the criteria of equity vs. efficiency and the reason for government intervention (use theories to support your answer)
  2. Explain how production processes, the behavior of production costs and variations in market processes affect the profits of companies.
  3. Detail and explain trends and developments of productive sectors of the country (country of residence), facing the globalization of world markets (Use theorists who have contributed on the subject to support the answer).

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