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October 30, 2014

Homework Help: economics

Posted by stacy on Tuesday, May 15, 2007 at 8:08pm.

what do the principles of economics influence your decision making, interaction with others, and the economy as a whole

Im not sure what you are asking. Is it "what pricipals of economics affect decision making..." If so, I would use the principals of opportunity cost, utility and profit maximization. If you are asking what motivates people/firms in an economic system, I would say Price.

Plz be more specific

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