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A person studying economics can make better choices about purchases if that person understands A. goods. C.production. D.consequences and tradeoffs.

Rodney Fox

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Rodney Fox on October 29, 2018

The correct answer is alternative D. "Consequences and Trade-offs"Trade-offs and consequences are related to strategic thinking. The result is the effect of an action, and the trade-off is when the benefits of an action are weighed against the side effects or consequences of that action.Having these thoughts in mind, a student of economics is definitely going to make better decisions about purchases.

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