1. The theory of consumer choice based on individual utility shows how different tastes result in different demands for the same goods.<br>2. The theory of supply assumes that the producer depended on a production technology wants to maximize profit.<br>3. A subsidy is money (to give) by a government to some producers, for example farmers, to help them to produce at a low price the goods or services (to need) by the public.<br>4. In a dynamic economy, the factors (to influence) the level of demand and supply, are changing.<br>5. Expenditure is an amount of money (to spend).<br>6. The price of land (to call) rent depends on supply and demand.
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