how will you apply economics in your daily life with answer
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Explanation: Economics can be applied in daily life by buying and selling goods. Economics helps us in studying the past, future, and current models and apply themes to societies, government, businesses, and individuals
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Applying economics in everyday life
Buying goods which give the highest satisfaction for the price. ...
Sunk cost fallacy. ...
Opportunity Cost. ...
There's no such thing as free parking. ...
Behavioural economics and bias. ...
Irrational exuberance. ...
On the other hand. ...
Diminishing returns.
Explanation:
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