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Use a graph to demonstrate the circumstances that would prevail in a competitive market where firms are earning economic profits. Can this scenario be maintained in the long run? Explain your answer.
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Related to or involving the analysis of large-scale social processes and structures.
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Scientists investigating the ways in which individuals use daily interactions to form a collective social understanding.
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The interactions, activities, and relationships that occur among individuals in societies, forming the basis of social structure and culture.
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