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Why do people have to make choices?

Daniel Martinez | 2023-06-05 16:42:25 | page views：1557
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Benjamin Lee

Works at the International Organization for Migration, Lives in Geneva, Switzerland.
People make choices because they cannot have everything they want. All choices require giving up something (opportunity cost) Economic decision-making requires comparing both the opportunity cost and the monetary cost of choices with benefits. People can choose to spend or save money.
2023-06-09 16:42:25
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Amelia Gonzalez

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People make choices because they cannot have everything they want. All choices require giving up something (opportunity cost) Economic decision-making requires comparing both the opportunity cost and the monetary cost of choices with benefits. People can choose to spend or save money.
economics - SolPass
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