Identify/define and Explain the Significance of the Following: Conscription

question 41

Essay

Identify/define and explain the significance of the following: conscription.

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Definitions:

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they actually do pay.

Purchase

The action of buying goods or services.

Car

A car is a wheeled motor vehicle used for transportation, typically having four tires and powered by an internal combustion engine or electric motor.

Orange Crop

The yield of orange trees harvested in a particular area during a single growing season.