Examlex
Write the system of equations in matrix form.
Market System
A market system is an economic system in which decisions regarding investment, production, and distribution are based on supply and demand, and prices are determined in a free price system.
Property Rights
Property rights are the legal rights to use, control, and dispose of property, including land, buildings, or intellectual property.
Central Planning
A system where a nation's government makes all decisions regarding the economy, including resources allocation and production levels.
Unselfish Behavior
Actions that prioritize the welfare of others over one's own personal benefit.
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