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Homework $*$ Unanswered $*$ Due Feb $13$th$,11$:$59$ PM

The role of an economic system is to:

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coordinate the decisions of economic agents under conditions of scarcity.

b identify the mix of outputs that yield the maximum opportunity cost for society.

c find the least$-$cost production method for all types of outputs.

d enable economic agents to equate satisfaction, or utility, with profit.