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Productivity is the ultimate source of living standards. Adam smith, an inquiry into the nature and causes of the wealth of nations[1776], r.h. The costs versus benefits principle describes the act of a person picking an option when the benefits are greater than the cost, after the weighed out both options.
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Now in its eighth edition, the popular principles of economics is the most widely used resource of its kind in economics classrooms worldwide. Ten principles of economics summary ten principles of economics summary. Principles of economics 2e covers the scope and sequence of most introductory economics courses. (5000 karakter kaldı) kaynak dil: