In the production of goods and services, trade-offs exist because<\/p>
<\/p>
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<\/p>
buyers and sellers often must negotiate prices.<\/p>
<\/p>
society has only a limited amount of productive resources.<\/p>
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not all production is efficient.<\/p>
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human wants and needs are limited at a particular point in time.<\/p>", "transcribed_text": "", "related_book": { "title": "Dynamic Business Law", "isbn": "1260733971, 978-1260733976", "edition": "6th Edition", "authors": "Nancy Kubasek, M. Neil Browne, Daniel Herron, Lucien Dhooge, Linda Barkacs", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/65fbd9d1546a2_249534.jpg", "uri": "\/textbooks\/dynamic-business-law-the-essentials-6th-edition-9781266846694-249534", "see_more_uri": "" }, "free_related_book": { "isbn": "0465027970", "uri": "\/textbooks\/feynmans-tips-on-physics-a-problem-solving-supplement-to-the-feynman-lectures-on-physics-1st-edition-9780465027972-9780465029211", "name": "Feynmans Tips On Physics A Problem Solving Supplement To The Feynman Lectures On Physics", "edition": "1st Edition" }, "question_posted": "2024-06-13 02:07:15", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-21", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/refer-to-the-temperature-data-given-in-the-table-accompanying", "description": "Refer to the temperature data given in the table accompanying Exercise 12. a. 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