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In South Carolina, the fact that lower-class whites enjoyed unprecedented political power under Radical Republican rule
Utility Function
A mathematical expression that describes how the total satisfaction or happiness of a consumer changes with changes in consumption of goods and services.
Demand Function
A mathematical equation that describes the relationship between the quantity demanded of a good and its various determinants like price, income, and prices of related goods.
Price of X
The amount of money or compensation required to purchase one unit of product X.
Club Membership
Refers to being a registered or paying member of a specific group, organization, or club which provides certain benefits or access to activities.
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