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In what ways are “creative ideas” more/less important than technical ability?
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- Although attending college is expensive, time-consuming, and requires effort, but people decide to attend college. Explain why?What are factors affecting economic analysis?Discuss how the concepts in microeconomics can be applied to real-world situations and increase your chances of career or life success?
- How can scarcity of resources be a problem to societyWhich intellectual had a profound impact on the works of Thorstein Veblen? a. John Locke b. John Stuart Mill c. Stanley Jevons d. Karl Marx e. Isaac NewtonWhy should the economic decision be based on the objective of making the best use of limited resources?