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Part I PURPOSE The purpose of this assignment is to develop learners' ability to apply the important concepts on the economic system of a country.

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Part I PURPOSE The purpose of this assignment is to develop learners' ability to apply the important concepts on the economic system of a country. REQUIREMENT Learners are required to identify and evaluate the economic system that Malaysia is adopting. Discuss the rationale of Malaysia's economic system in terms of utility maximisation and pricing mechanism for the distribution of goods and services. [Total: 50 marks]

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