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Discuss Two of the Myths of Racism

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Essay

Discuss two of the myths of racism. Why are these myths important?


Definitions:

Marginal Revenue

The supplementary income received from the sale of an additional unit of a product or service.

Price

The money value projected, needed, or surrendered in purchase of something.

Imperfect Competition

A market structure that does not meet the conditions of perfect competition, characterized by firms having control over the price of their goods or services.

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