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"A number of assumptions designed to prove that perfect competition is better than imperfect competition" :) Ok, in my opinion, it is "a branch of sciences that studies markets"

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βˆ™ 15y ago
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βˆ™ 13y ago

social science concerned with how individuals, institutions, and society make optimal choices under conditions of scarcity.

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βˆ™ 12y ago

choices made by people faced with scarcity

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Q: Economics may best be defined as the?
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