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History, 21.06.2019 22:30
Profits are maximized when marginal revenue and marginal costs are a. set c. equal b. less than market price d. greater than market price
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Why might the spanish government have approved of the encomienda system? a the system allowed for fair treatment of all under it, leading to a happy and prosperous colony. b the system used natives as slaves which meant the government was able to maximize their profit of exported goods. c the system allowed for mostly profitable trade within the different colonies. d the system was a great example of how to successfully run a colony, making spain a world power.
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History, 22.06.2019 05:30
Which of the following is an example of a government’s laissez-faire approach to business and the economy?
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