Exploring Economics
8th Edition
ISBN: 9781544336329
Author: Robert L. Sexton
Publisher: SAGE Publications, Inc
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Question
Chapter 2, Problem 10P
To determine
The reasons why a person can increase wealth by being rational.
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Provide an explanation an economist might give showing why each statement is true:
- “People must make choices to satisfy their needs and wants”
Why does knowing the facts help people maximize their choices
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