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Define Cross Price Elasticity of Demand (XPed)
Define Income Elasticity of Demand (Yed)
Define Price Elasticity of Supply (Pes)
Define Price elasticity of Demand (Ped)
Define the term Demand
Putline the relationship between price and demand
What is the Economic Problem?
What are the factors of production?
Define the term Externalities
Define the term Scarcity
Define the term Opportunity Cost
Define the term Supply
