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1. Which of the following is an example of a factor of production?
2.Economics is primarily concern with the study of
3. The ________ of a decision is the value of the good or service forgone.
4.Iron ore, forest, water etc. are examples of which factor of production?
5.An economic model is
6.The supply curve is upward-sloping because
7. When quantity supplied and quantity demanded is equal
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