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Why Is Abstraction Important in Developing Economic Theories

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Why is abstraction important in developing economic theories?


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Activities and strategies designed to increase awareness and sales of a product or service.

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The addition of new variations to an existing product line, such as different flavors, sizes, or features, to appeal to more consumers.

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Strategies and efforts to market products or services to customers around the world, taking into account cultural, legal, and economic differences between regions.

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