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One of the scarce resources that constrain our behavior is time.Each of us has only 24 hours in a day.How do you go about allocating

One of the scarce resources that constrain our behavior is time.Each of us has only 24 hours in a day.How do you go about allocating your time in a given day among competing alternatives?How do you go about weighing the alternatives?Once you choose a most important use of time, why do you not spend all your time on it?What do economists call this?

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