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According to the functionalists, every society needs to have some common thoughts, beliefs and attitudes. This means that a society needs:
Equilibrium Quantity
The quantity of a good or service demanded and supplied at the equilibrium price, where market supply and demand balance each other.
Bushels
A unit of volume used primarily in agriculture to measure quantities of grain, fruit, or other produce.
Equilibrium Level
The point at which market supply and demand balance each other, and as a result, prices become stable.
Scarcity
A fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.
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