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Briefly explain the term market portfolio.
Equity
The concept of fairness or justice within the economy that deals with the distribution of wealth and resources.
Trade
The exchange of goods, services, or both within and between countries.
Specialize
To focus on a particular area of production or work, allowing for increased efficiency and expertise in that area.
Scarcity of Resources
The fundamental economic problem of having seemingly unlimited human wants in a world with limited resources.
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