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a Directions: Answer the following adequately

1. What happens if we do not follow market prices and the government sets up its own price?

2. Why are some goods sold in small amounts (expensive foods) that consuming it will not give consumers the satisfaction they deserve?

3. Why do some businesses become capital intensive?

4. What do our oil companies mean when they claim to use "competitive prices"?

5. What happens if the government spends a little and uses its tax collection to pay its obligations?

6. What is the role of agrarian reform in the Philippine economy?

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