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When a King or Ruler Took on the Responsibility for Those

question 15

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When a king or ruler took on the responsibility for those who broke the rules, this was called retributive justice.


Definitions:

Efficient Production Technologies

Technologies that enable the production of goods and services using the least amount of resources for the maximum output.

Supply Curves

Graphical representations showing the relationship between the price of a good or service and the quantity supplied for a given period.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity supplied.

Supply Definition

The total amount of a specific good or service that is available to consumers, determined by various factors including price, technology, and inputs.

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