1. Discuss the subject matter of Economy?
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the subject matter of economics is concerned with wants , efforts and satisfaction . in other words, it deals with decisions regarding the commodities and services to be produced in the economy, how to produce them most economically and how to provide for the growth of the economy.
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The cost of 4 chairs and 3 tables is 2,100 and the cost of 5 chairs and 2 tables is 1,750. Find the cost of a table and a chair separately. Solve using cross multiplication method.
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