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Question 1: 1. Define ECONOMICS fully, based upon the definition and subject description. Quiestion 2: 2. Explain thoroughly any ONE PITFALL TO AVOID IN SCIENTIFIC

Question 1:

1. Define ECONOMICS fully, based upon the definition and subject description.

Quiestion 2:

2. Explain thoroughly any ONE PITFALL TO AVOID IN SCIENTIFIC THINKING

Question 3:

3. Explain fully THE RULE OF RATIONAL CHOICE as applied to economic situations.

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