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Unformatted text preview: into other areas. For example, if goods were not wanted nor needed, then people would not have to make choices, they would not have to respond to incentives and they would not have any consequences that lie in the future. Also, when trading, both parties have to be giving up something they believe is of value. I do not know too many people that will just give away their hard earned cash or anybody who would throw away the clothes that they sell. It wouldnt make any sense and it wouldnt be economics. People can produce more focusing on what they do best, I agree with this statement. Some people live to work and some people work to live and that is consistent with what they do best....
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This note was uploaded on 06/05/2011 for the course BUS 101 taught by Professor T.mcgee during the Spring '08 term at FSU.
- Spring '08