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  • 14-01-2021
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Describe economic reasoning and name the familiar process that it most resembles.

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Robotnaail
Robotnaail Robotnaail
  • 14-01-2021

Answer:

A decision-making process that seeks to maximize benefits and minimize costs. Describe economic reasoning and name the familiar process that it most resembles. Economic reasoning involves using cost-benefit analysis to make decisions. Cost-benefit analysis is a lot like making a pro/con list.

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