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. What if scarcity? Explain its economic impact. . What are productive resources? . What is opportunity cost and its importance in decision-making? . Why

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. What if scarcity? Explain its economic impact. . What are productive resources? . What is opportunity cost and its importance in decision-making? . Why do trade and markets exist? . What is the difference between macroeconomics and microeconomics? . Why are economic models are useful to economists? . What are common economic models

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