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9 Pages • Partial Study Notes • Year: Pre-2018
Chapter 1: The Role of Consumers in the Economy 1. Consumer Sovereignty 2. Factors influencing individual consumer choice 3. Sources of consumer income Chapter 2: The Role of Businesses in the economy 1. Definition of a firm and an industry 2. Business as a source of economic growth and increased productive capacity. 3. Efficiency and the production process 3. Efficiency and the production process 4. Impact of investment, technological change and ethical decision-making
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