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12 August, 01:28

A person studying economics can make better choices about purchases if that person understands

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  1. 12 August, 03:05
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    If that person understand consequences

    In Economics, Consequences refer to how one economic decision will affect other circumstances

    For example if that person could foreseen how purchasing a specific machine could increase his overall revenue in the next 5 years, so he gain more than what he loss
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