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Briefly Identity the Two Early Anthropologists,Franz Boas and Matilda Coxe

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Essay

Briefly identity the two early anthropologists,Franz Boas and Matilda Coxe Stephenson.


Definitions:

Foreign Demand

The desire and willingness of buyers in other countries to purchase goods and services from a particular country.

Consumer Surplus

The difference in the total funds consumers are prepared to allocate for a good or service against the total funds they genuinely allocate.

Consumer Surplus

The contrast in the total money consumers are willing to shell out for a good or service versus what they truly pay.

Speculative Demand

Demand driven not by the direct benefits one obtains from owning or consuming a good but instead by an expectation that the price of the good will increase.

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