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Instructions: Identify the Terms and Briefly State Their Historical Significance

question 80

Essay

Instructions: Identify the terms and briefly state their historical significance.
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Definitions:

Pencil Sharpeners

Devices used to sharpen pencils by shaving away their worn surfaces.

Total Surplus

The combined benefit to all parties involved in a transaction, equal to the sum of consumer and producer surplus.

Dishwashers

Machines for cleaning dishes and utensils automatically.

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