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    Economics Principles and Policy Study Set 2
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    Exam 3: The Fundamental Economic Problem: Scarcity and Choice
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    Because of Scarcity, Every Economic Decision Involves
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Because of Scarcity, Every Economic Decision Involves

Question 11

Question 11

Multiple Choice

Because of scarcity, every economic decision involves


A) a trade-off.
B) a free good.
C) a trade-in.
D) an increasing cost.
E) a money payment.

Correct Answer:

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