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Economic reasoning is based on the premise that any activity

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Economic reasoning is based on the premise that any activity involves a trade-off. What does it mean?;(Mutiple Choice);a. It means that individuals choose activities that make them better off.;b. It means that people act in their own best interest;c. It means that undertaking one activity necessitates giving up something else;d. it means there is always room for improvement

 

Paper#30704 | Written in 18-Jul-2015

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