Describe some of the trade-offs faced by each of the following: a. A family deciding whether to
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Describe some of the trade-offs faced by each of the following:
a. A family deciding whether to buy a car.
b. A member of Congress deciding how much to spend on national parks.
c. A company president deciding whether to open a new factory.
d. A professor deciding how much to prepare for class.
e. A recent college graduate deciding whether to go to graduate school.
f. A single parent with small children deciding whether to take a job.
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