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3 October, 16:59

For a given question to be considered an economic question, it must involve

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  1. 3 October, 18:55
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    it must include limited resources and making a choice.

    Economy is the knowledge that teach us how to allocate limited resource in order to obtain as much value as possible.

    To obtain that kind of value, it will involve making a choice after considering our situation, our capabilities, and our competitors
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