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every society face trade off because we live in a world of scarcity. Suppose a student athlete has the oppurtunity to earn $1000 next year

every society face trade off because we live in a world of scarcity. Suppose a student athlete has the oppurtunity to earn $1000 next year playing for a minor league baseball team, $700000 next year playing for a european professional football team or $0 returning to college for another year

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