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What is your the best definition of each word? Marginal Utility Scarcity Cost Benefit Analysis Marginal Cost/Marginal Benefit Value Law of Supply Law of Demand

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What is your the best definition of each word?

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Marginal Utility Scarcity Cost Benefit Analysis Marginal Cost/Marginal Benefit Value Law of Supply Law of Demand Equilibrium Price Change in quantity supplied/demanded Change in supply/Demand Determinants of Supply -Number of Producers -Government Action -Producer expectations -Input Cost -Labor Productivity

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