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Roger Bacon (c. 1214−1294) is remembered for his
Postulate Of Economics
Fundamental assumptions that serve as the foundation for economic theories and models, such as rational behavior and market efficiency.
Incentives
Factors, either monetary or non-monetary, that motivate individuals or businesses to act in a certain way.
Scarce
A characteristic of resources that are limited in availability, which can lead to competition for their use.
Freely Available
Resources, information, or products that can be accessed or obtained without any payment or restrictions.
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