name the seven laws of economics
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SEVEN ECONOMIC RULES: A set ofseven fundamental notions that reflect the study of economics and how theeconomy operates. They are: (1) scarcity, (2) subjectivity, (3) inequality, (4) competition, (5) imperfection, (6) ignorance, and (7) complexity.
nawazkhan78617:
#1 law of diminishing marginal utility #2 law of variable proportion #3 law of supply #4 law of demand #5 law of equi marginal utility #6???? #7????
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Here is your answer ⬇️⬇️⬇️⬇️
A set ofseven fundamental notions that reflect the study of economics and how theeconomy operates.
They are:
(1) scarcity
(2) subjectivity
(3) inequality
(4) competition
(5) imperfection
(6) ignorance
(7) complexity.
HOPE IT HELPS YOU !!!
A set ofseven fundamental notions that reflect the study of economics and how theeconomy operates.
They are:
(1) scarcity
(2) subjectivity
(3) inequality
(4) competition
(5) imperfection
(6) ignorance
(7) complexity.
HOPE IT HELPS YOU !!!
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