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UNIT 1 PRACTICE EXAM - PC\|MAC

UNIT 1 PRACTICE EXAM - PC\|MAC

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(C) positive statements without normative qualifications have little use in economics. (D) the value of a good to consumers will decrease as the consumption of it increases. 30. When economists say an individual displays economizing behavior, they simply mean that she is (A) making a lot of money. (B) buying only those products that are cheap and

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