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Explain the concept of marginalism as it is used in economics.
Chapter 11
A chapter of the U.S. Bankruptcy Code allowing a business to continue operations while reorganizing its debts under court supervision.
Creditors
Individuals or entities to whom money is owed by a debtor.
Court
A governmental institution that has the authority to adjudicate legal disputes between parties and administer justice in civil, criminal, and administrative matters.
Creditors' Committee
A group of representatives from a bankrupt company's unsecured creditors involved in the bankruptcy proceedings to protect their interests.
Q14: Define trade surplus and trade deficit.
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