Identify a social structure, tradition, cultural norm, or group identity that can be explained by a...

Identify a social structure, tradition, cultural norm, or group identity that can be explained by a theory or concept of the Marginalist school.

Your answer needs to provide at least three paragraphs.

The first paragraph identifies and explains in your own words the concept or theory of the Classical School.

The second paragraph identifies and explains the social structure, tradition, cultural norm, or group identity.

The third paragraph explains the connection between the economic concept/theory and the social structure, tradition, cultural norm, or group identity.

Your answer needs to provide at least one paragraph for each item.

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Expert Solution

Rahul Sunny answered 1 year ago

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