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conomics deals with the efficient use of resources. Why? 3. Marginal analysis produces more optimal outcomes when working with scarce resources. How?

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter2: Choice In A World Of Scarcity

Section: Chapter Questions

Problem 13RQ: Explain why societies cannot make a choice above their production possibilities frontier and should...

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-Economics deals with the efficient use of resources. Why?

3. Marginal analysis produces more optimal outcomes when working with scarce resources. How?

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