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economic rent
economic risk
economic surplus
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economics

ec·o·nom·ics [ èkə nómmiks, kə nómmiks ]


noun 
Definition:
 
study of goods and services: the study of the production, distribution, and consumption of goods and services ( takes a singular verb )



plural noun 
Definition:
 
financial aspects: the financial element of something ( takes a plural verb )
the economics of running a business

[Late 18th century. Probably < French économique]
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