Question 18 The economic way of thinking stresses that a. as the cost of an option...

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Answer 1

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Answer : The answer is option a.

Economic way of thinking shows the decision of individuals, firms and policy makers based on cost level. When cost level of an option increase then people prefer that option less likely and vice versa. Hence except option a other options are not correct. Therefore, option a is the correct answer,

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Question 18 The economic way of thinking stresses that a. as the cost of an option...

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