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Figure 3.9
The molecule in the accompanying figure is ____, and has ____.
Market Economy
An economic system where the prices of goods and services are determined in a free price system, set by supply and demand.
Efficient
Pertaining to a system or process that operates in a way that maximizes output with minimal waste, effort, or expense.
Resources
Assets, materials, and inputs needed for the production of goods and services, including natural resources, human resources, and capital.
Society Wants
The collective desires and needs of a society or community.
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