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when demand and supply are allowed to operate freely to form prices.
selling price; the value of the final output at the prices paid for the output by consumers.
when a consumer allocates income so that the last rand spent on each product yields the same...
the South African government's three-year guideline for the budget
goods and services that the state provides to improve social welfare.
Merit goods refer to goods and services that the state provides to people even if they cannot...
small loans to those who are unable to make loans in the normal banking system.
companies that lend small amounts (micro loans) to those who are unable to make loans in the...
eight development goals that committed the world leaders to making huge strides to reduce...