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Write the Fraction as an Equivalent Fraction with the Given 34\frac { 3 } { 4 }

question 104

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Write the fraction as an equivalent fraction with the given denominator
34\frac { 3 } { 4 } with a denominator of 8

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Definitions:

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay.

Tariff Revenue

The income earned by a government from imposing taxes on imported goods.

Import Quota

An import quota is a government-imposed limit on the quantity or value of goods that can be imported into a country.

Regional Trading Bloc

A group of countries within a geographical region that protect themselves from imports from non-members through tariffs and quotas.

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