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What is fundamental economics?
The key concept that is involved in this study would include cost benefit analysis, economic institutions, property rights, division of labor and specializations, productive resources, economic systems, opportunity costs, productivity, scarcity, trade exchange, incentives and interdependence. Our fundamental economics assignment help would also come up with proper explanation on division of labor which means dividing of the workforce into different crafts and professions. Productivity creates a relationship between outputs and inputs and it can also be applied to varied factors of production.
Cost, efficiency and scarcity
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