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People Use _____ to Determine How Many Hours to Work

Question 321

Multiple Choice

People use _____ to determine how many hours to work, and businesses use _____ to determine how much of their product they are willing to supply to the market.


A) marginal analysis; marginal analysis
B) allocative efficiency; production efficiency
C) production efficiency; marginal analysis
D) marginal analysis; allocative efficiency

Correct Answer:

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