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Q: Define a firm from the Context of Economics. Solution: A corporation is a legal entity formed by a bunch of individuals to have interaction in and run a business company.

Q: Produce a application that reads the student details from the tab divided values (tsv) file. The program then produces a textual content file that records the system grades of The scholars. Each individual row of your tsv file is made up of the Last Name, Initial Identify, Midterm1 score, Midterm2 rating, and the Final score of the college student. A sample of the scholar facts is presented in StudentInfo.

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Q: Since community goods are jointly consumed, which of the next is obtained by summing the non-public marginal Gains across all people?

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