Describe the "economic perspective" (or "economic way of thinking"), including definitions of scarcity, opportunity cost, purposeful behavior, utility, marginal analysis (benefits and costs), and how these concepts may be used in decision making.
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Common stock, $1 par value Shares outstanding, 1/1/2021 60,000 2-for-1 stock split, 4/1/2021 Shares issued, 7/1/2021 30,000 Preferred stock, $10 par value, 6% cumulative Shares outstanding, 1/1/2021 12,000 How many shares should Tb use to calculate
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